All items tagged with "nuance communications"

Samsung wants to buy the company that powers Siri


Apple’s Siri feature has been a crown jewel of iOS ever since it launched in 2011, but the company and the tech behind it might fall into the hands of Apple’s number one enemy – Samsung.

Nuance Communications is in discussions with a number of potential suitors looking to buy the company, and Samsung Electronics is at the top of the list, according to Wall Street Journal report that also names a few private-equity firms among the list of possible buyers, but Apple is nowhere to be found.

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Siri Software Maker Sees Decline In Profit Margins


Nuance Communications — best known as the software makers of Siri — saw a slump in profits below its forecast 2014 projections, thanks to a shift to a subscription-based business model.

The move, which brings in less money upfront and instead is spread over a longer period, ensures more predictable recurring revenue — but also means a short-term hit in profit margins.

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