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Microsoft to acquire speech-recognition developer Tellme
Yasir
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3-15-2007 6:24 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/98708a98-eac2-4ef1-a6d4-1f2a58c4a8e8/9B406B51-3B15-4EA5-9D3F-437B9AEE92B2/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html" href="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html" style="font-size: 11px;">seattletimes.nwsource.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html"><P>Microsoft officially announced Wednesday its intentions to acquire Tellme Networks and that it plans to integrate the Mountain View, Calif., company's speech-recognition technology into some of Microsoft's best-known applications.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html"><P>"Tellme brings to Microsoft the talent, technology and proven experience in speech that will enable us to deliver a new wave of products and revolutionize human-computer interaction," said Microsoft Chief Steve Ballmer.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html"><P>Microsoft declined to say how much it paid for Tellme, but sources close to the deal peg it at about $800 million, putting it at the high-end for Microsoft acquisitions.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seattletimes.nwsource.com/html/businesstechnology/2003618672_tellme15.html"><P>The privately held Tellme has raised $230 million in venture capital since it was founded in 1999. It says more than 40 million people use its services every month and one in three Americans use it every year.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9B406B51-3B15-4EA5-9D3F-437B9AEE92B2/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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