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Phonetic Systems

phoneticsystems.com

Stage

Acquired | Acquired

Total Raised

$56.2M

About Phonetic Systems

Phonetic Systems delivers global real-time speech recognition solutions that provide voice access to information, people, applications and services. The company's patented Voice Search Engine (VSE) is designed specifically for voice searching very large directories or any size database with frequently changing, untuned datasets of information. The VSE can power pre-packaged applications or it can be integrated into any platform or environment to deliver speech applications like carrier Directory Assistance, voice access to CRM applications, automated password reset, automated attendant and more. Phonetic Systems dominates large-scale deployments with hundreds of customers including carriers, blue chip corporations, universities, and government organizations.

Headquarters Location

9 Haodem Street

Petah Tikva, 49170,

Israel

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Latest Phonetic Systems News

Nuance - News - Press Releases - 2005

Sep 22, 2015

  ScanSoft Closes Acquisition of Phonetic Systems PEABODY, Mass., February 3, 2005 - ScanSoft, Inc. (NASDAQ: SSFT), a global leader of speech and imaging solutions, today announced that it has closed the acquisition of Phonetic Systems, Ltd. Phonetic Systems provides ScanSoft with an array of technology, customer, partner and employee resources to help fuel its growth and accelerate the deployment of high quality speech applications throughout the world. This acquisition strengthens ScanSoft's global leadership in automated Directory Assistance (DA) and enterprise speech applications. Combined, the organizations provide speech solutions that automate directory assistance for more than a dozen telecommunications carriers and power speech applications for more than two-thirds of the Fortune 100. Phonetic Systems adds customer relationships with industry leaders, including AT&T, Bell Canada, JP Morgan, Motorola, Novartis and Procter & Gamble. In addition, Phonetic Systems brings to ScanSoft a focused, established speech team and comprehensive technology and application portfolio that advance ScanSoft's delivery of solutions for voice-based access to information, people, applications and services. This acquisition is an example of how ScanSoft continues to invest in high-growth speech markets and is delivering on its strategy for a future where natural, human conversations will be the predominant way that people retrieve information and interact with automated systems. About ScanSoft, Inc. ScanSoft, Inc. is a global leader of solutions that are used to automate a wide range of manual processes - saving time, increasing worker productivity and improving customer service. For more information regarding ScanSoft products and technologies, please visit www.ScanSoft.com . ScanSoft and the ScanSoft logo are registered trademarks or trademarks of ScanSoft, Inc. in the United States and other countries. All other company or product names may be the trademarks of their respective owners. Safe Harbor Statement The statements in this press release that relate to future plans, events or performances are forward-looking statements that involve risks and uncertainties, including risks associated with market trends, competitive factors, and other risks identified in the Company's SEC filings. Actual results, event and performance may differ materially. Readers are cautioned not to put undue reliance on these forward-looking statements that speak only as of the date hereof.

Phonetic Systems Frequently Asked Questions (FAQ)

  • Where is Phonetic Systems's headquarters?

    Phonetic Systems's headquarters is located at 9 Haodem Street, Petah Tikva.

  • What is Phonetic Systems's latest funding round?

    Phonetic Systems's latest funding round is Acquired.

  • How much did Phonetic Systems raise?

    Phonetic Systems raised a total of $56.2M.

  • Who are the investors of Phonetic Systems?

    Investors of Phonetic Systems include ScanSoft, General Atlantic, Formula Ventures, SBC Communications, Sadot Venture Capital Management and 5 more.

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