Nuance Communications Inc. (NASDAQ:NUAN)
has acquired Jott Networks Inc., a three-year-old maker of technology that turns messages dictated into cell-phones into text.
Nuance didn't disclose the terms of the deal, which takes the Seattle startup off of the hands of Bain Capital, Draper Richards, Ackerly Partners and Atomico, the investment fund of Skype co-founder Niklas Zennstrom. Bain led a
$5.4 million Series A round in 2007, with participation from the other investors mentioned above. (The Deal Pipeline subscribers can read more about that funding
here.)
Nuance said the deal will add to its mobile voice recognition services offerings. Jott co-founder John Pollard, a former mobile guy from Microsoft Corp. (NASDAQ:MSFT) gushes about the deal in
this blog post.
- Olaf de Senerpont Domis
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