GPS Business News: Switzerland-based SVOX, a provider of text to speech (TTS) solutions to the automotive and wireless industries announced today the acquisition of the Professional Speech Processing Group of Siemens AG. This unit, specializing in speech recognition and Voice dialog engine, has a staff of about 20 people and was working for customers such as Volkswagen and Continental.
The intellectual property acquired from Siemens was developed over 25 years and include more than 60 patent families.
“In the past SVOX has only been providing technology for making cars and portable devices talk
to you,” explained Volker Jantzen. “As a result of this deal, we are now able to make those devices also understand what you are saying. A real dialog between you and the machine is therefore now possible”.