Amazon's Recent Acquisition Of Ivona Software Is A Smart(Phone?) Move
by Maani Value Guru
Amazon.com (AMZN) recently announced the acquisition of Ivona Software, a Polish-based specialist in Text-to-Speech technologies, a sign that the world's largest internet retailer may be looking to develop more services similar to Apple's (AAPL) Siri and Samsung's S-voice. Ivona develops voice technologies that help it compete with Nuance Communications (NUAN). Additionally, Ivona delivers Text-to-Speech products and services for thousands of developers, businesses and customers around the world. Amazon did not say how much it paid for Ivona. read more »
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