Corporate-backed touchscreen typing system Swype has become the latest software firm to be acquired by voice recognition software company Nuance, which paid $102.5m.
US-based software company Nuance Communications acquired US-based touchscreen technology firm Swype on Thursday for $102.5m. Swype’s backers included corporate venturing units Nokia Growth Partners, Samsung Ventures and DoCoMo Capital.
Swype completed its series C round as recently as July, with Nokia, Samsung and Docomo all participating alongside Benaroya Capital, the corporate venturing division of real estate firm Benaroya, and venture capital firm Ignition Partners. The round raised $6m. Nokia, Samsung, Docomo and Benaroya were previously the participants in Swype’s February…
