AT&T Corp. is expected to announce Tuesday that it will license its speech-processing technology to SpeechWorks International Inc., a provider of speech-recognition software, in a bid to capture a share of that fast-growing market.
Published:
15 June 2000 y., Thursday
As part of the deal, AT&T has purchased a minority stake in SpeechWorks, a Boston service provider that recently registered for an initial public offering. Financial terms weren’t disclosed.
Speech-recognition technology is most commonly used in voice-activated telephone menus such as directory-assistance offerings that allow a caller to obtain information by saying a city or business name.
In recent months, however, Internet companies have turned their attention to technology to allow callers to retrieve Web content by speaking voice commands using a telephone. Industry observers say the technology is expected to drive wireless-data offerings that will make it simple for users to use the Web without being tethered to a desktop.
Dave Nagel, AT&T’s chief technology officer, said AT&T has been working on speech-processing technology for about 30 years and has invested some $50 million to $100 million in it. But the communications giant is not in the business of developing speech-recognition products and services. It will depend on SpeechWorks to bring the services to market.
SpeechWorks will gain access to AT&T’s research, and AT&T will receive discounts on products that SpeechWorks develops. Both AT&T and SpeechWorks will jointly market the services to AT&T’s customer base.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
Recent global broadband Internet studies show that Lithuania has got the fastest Internet in the world as well as is one of the leading countries in terms of Internet service quality.
more »
Gemalto announces it is delivering national ID cards to Kuwait.
more »
Yves Neyrand, the director of test for the Windows Developer Experience team, helped create multitouch functionality for Windows 7 that allows the use of touch to perform actions normally performed with mouse and keyboard.
more »
Microsoft makes retail debut to bring consumers more choice, better value and great customer service.
more »
There are widespread problems with refusals of orders for EU consumers trying to purchase goods online in another Member state, according to a new European Commission report on cross border consumer e-commerce published today.
more »
Lithuania’s Electronic signature breakthrough program AB DnB NORD Bankas upgraded its Internet Banking system so that customers could log in and sign payments, agreements and other important documents using mobile e-signature.
more »
Cisco announced the availability of Cisco® Channel Education Specializations to help customers identify Cisco Learning Partners that offer advanced training expertise in specific, sophisticated network technologies.
more »
Wincor Nixdorf has extended its relationship with Shell International Petroleum Company Limited (Shell), an affiliate of Royal Dutch Shell plc.
more »
AT&T announced two new smartphones based on Microsoft Inc.'s new Windows Mobile 6.5 operating system, HTC's Tilt 2 and Pure.
more »
Verizon Business is the winner of the Metro Ethernet Forum’s 2009 European Carrier Ethernet Service Provider of the Year Award for Service Innovation.
more »