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 »
Linux evangelists are keeping the faith, even when it comes to the elusive Holy Grail of the open-source operating system: taking a significant chunk of the desktop market.
more »
Afghanistan's Taliban government, which declared the Internet unholy and banned its use for millions of Afghan citizens last June, maintained a website until shortly after the Sept. 11 terrorist attacks
more »
This big Korea tourism site is designed to be the first port of call for providing information to overseas visitors to Korea.
more »
In court and on the Internet, the FTC and several states are cracking down on the practice with a Web site and lawsuits to help consumers "ditch the pitch."
more »
The Pentagon said on Friday that it won't limit the accuracy of positioning information that's beamed to civilian global positioning system (GPS) receivers.
more »
Microsoft has asked the New Zealand government to implement strict regulations to protect online intellectual property
more »
Nokia Communications and Finnish operator Sonera reported today that they conducted wireless LAN roaming using the GSM core network and roaming infrastructure.
more »
On Wednesday morning, the mass media abounded with pseudo-apocalyptic horrors. Dozens are "exposed" to anthrax.
more »
The market for watching movies over the Internet is uncertain, so few people have the necessary high-speed connections.
more »
Group Claims Bank Hack Attacks; Others Not So Sure
more »