Company to blaim: Nuance Communications (http://www.nuance.com) has bought most speech control related technology
Annual sales: $800 million
In late 2001, [ScanSoft]Create? bought Lernout & Hauspie, a Belgian company that had previously acquired a host of other companies including Berkeley Speech Technologies and Dragon Systems. Amazingly, L&H--the leader in the speech technology field--was bankrupt so [ScanSoft]Create? got it for a song: $39.5 million. [ScanSoft]Create? later merged with Nuance
Nuance Communications is actually made up of 42 companies,
