Microsoft Confirms Acquisition of Tellme
Wednesday, March 14th, 2007;
-- Andy Beal |
After much rumor earlier in the week, Microsoft has indeed agreed to acquire speech recognition software provider, Tellme.
Terms of the deal were not disclosed. Microsoft was negotiating to pay up to $800 million for Mountain View, Calif.-based Tellme, The Wall Street Journal reported Monday. Microsoft said the deal is expected to close in the second quarter of 2007.
Tellme’s voice-activated services can be used for tasks such as telephone call center service and speech recognition internet search.
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Category: M&A, Microsoft
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March 16th, 2007 at 7:05 pm
I remember using TellMe to make free calls from a payphone when I listened to a short ad first. Hopefully Microsoft won’t screw them up.