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Will Nokia or Nuance Buy STC in a Play for Speech Recognition Market in Russia?

Files under: News, Tech
Posted by: Yakov @ 13:25 [21. 03. 08]

Quadriga Capital Russia, a Russia-based private equity fund managed by Quadriga of Germany is negotiating a sale of its 35% stake in Speech Technology Center (STC), a St.Petersburg-based developer of speech recognition technologies, says business daily newspaper Kommersant. The acquisition could value STC at over $100 million. The leading mobile phone maker Nokia and speech […]