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 »
The benefits and manufacturing process of CD & DVD Replication vs. CD & DVD Duplication.
more »
TheVisionWorld.com, a helpdesk software provider, today announced a new feature – “Migration Tool”.
more »
Boston Interactive, a Boston-based web design and interactive marketing firm, is thrilled to announce their recognition for web design excellence from the Web Marketers Association. Six of Boston Interactive's website projects were found winners of the prestigious WebAwards Competition.
more »
Agreement covers a broad range of consumer products for both companies.
more »
BRUMAKS, offers the popular WebSite Tonightï, product, providing key features for those yearning to get involved in the .MOBI revolution.
more »
Google Inc. launched Google ChromeTM, a new open source browser intended to create a better web experience for users around the world.
more »
Scott Guthrie, corporate vice president of the Developer Division at Microsoft, talks about how Microsoft Silverlight is helping the global broadcasting and media industry grow their presence – and viewership – on the Web.
more »
Survey of 16-27 year olds defines media consumption choices of the future.
more »
Video explosion drives demand for innovation in video encoding, content transcoding and media mobility from Motorola.
more »
Visa has taken the next step toward making mobile commerce a global reality. The card company has launched four new programs to deliver payments and services via mobile devices.
more »