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 Pakistan government claims India has shut down local Internet access in the troubled region of Kashmir and is policing Internet cafes in an effort to restrict communications between Pakistan and Kashmir.
more »
A US man is being sued for allegedly posting a misleading financial information on Yahoo's! Finance bulletin board last October.
more »
Reservations company hopes technology can help identify suspected terrorists
more »
As leasing increases, company boosts earnings by giving second life to used PCs, selling returned items on the Web or stripping them for their parts.
more »
Some stores ignore security, putting consumer funds at risk
more »
All Hong Kong's 6.8 million residents will be offered free digital IDs for use in secure online transactions when a new "smart" national identity card is introduced in mid-2003.
more »
Yahoo Japan Corp said Tuesday the news most frequently searched for this year on its Web portal site was about the Sept 11 terrorist attacks on New York and Washington.
more »
Online auction leader eBay has quietly ended its much publicized Auction for America, launched as a charitable mechanism to raise $100 million in 100 days for the families of those who died Sept. 11.
more »
This week's Cybershake outlines how tourists can take a virtual tour of the White House's holiday decorations
more »
search.lt presents newest links
more »