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Telecom Italia Sells Loquendo To US's Nuance Communications Stampa
Scritto da Redazione Però   
Lunedì 15 Agosto 2011 09:49

Ecco il comunicato relativo alla cessione di Loquendo a Nuance, apparso sul sito del Nasdaq:

MILAN -(Dow Jones)- Italian telecommunication company Telecom Italia SpA (TIT.MI) said Saturday it has sold a voice technology unit, Loquendo, to U.S. company Nuance Communications Inc. (NUAN) for an enterprise value of EUR53 million ($75.5 million).

The sale of Loquendo is part of a wider rationalization plan already announced by Telecom Italia earlier this year. In a statement, Telecom Italia said that Nuance is committed to keep the company's headquarters in the Italian city of Turin.

Telecom Italia expects to close the deal around the end of September.

-By Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@ dowjones.com

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