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US anti-trust department investigating Nuance/Philips deal

Bloomberg reports that the US Justice Department is examining Nuance’s $96
million purchase last October of Philips Speech Recognition Systems. Nuance – best known in the legal market as the owner of the Dictaphone and Dragon brands –  says sales of the Vienna-based Philips unit acquired by
Nuance were largely in the health-care market in Europe. A Nuance spokesman said the acquisition didn’t require US anti-trust review before it took place because the Philips speech
business had “just a few million dollars of business in the
United States,”and “was not a significant competitor to
Nuance or any other US-based speech recognition company.”

One reply on “US anti-trust department investigating Nuance/Philips deal”

This post has been up an hour and no 700 word response from Mr Stokes – It must be the holiday season….

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