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Nuance buys Tegic for $265m

Speech and imaging software house Nuance is to buy predictive text entry specialist Tegic from Time Warner’s AOL for $265m. Tegic’s T9 predictive text entry has been extremely successful and is currently installed on over 2.5 billion handsets worldwide. Founded in 1995, Tegic was bought by AOL in December 1999 for an undisclosed sum. Nuance [...]