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Nuance Communications history
Nuance Communications company history timeline
The company that would become Nuance was incorporated in 1992 as Visioneer.
In 1999, Visioneer acquired ScanSoft, Inc. (SSFT), and the combined company became known as ScanSoft.
Beginning with the December 2001 acquisition of Lernout & Hauspie assets, the company moved into the speech recognition business and began to compete with Nuance.
Prior to 2001, ScanSoft focused primarily on desktop imaging software such as TextBridge, PaperPort and OmniPage.
Unlike ScanSoft, Nuance did not actively acquire companies prior to their merger other than the acquisition of Rhetorical Systems in November 2004 for $6.7 million.
Prior to the 2005 merger, ScanSoft acquired other companies to expand its business.
On February 1, 2019, Kofax Inc. announced the closing of its acquisition of Nuance Communications' Document Imaging Division.
On April 12, 2021, Microsoft announced that it will buy Nuance Communications for $19.7 billion, or $56 a share, a 22% increase over the previous closing price.
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Nuance Communications competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| 1998 | $350.0B | 139,995 | 4,861 | |
| Adobe | 1982 | $21.5B | 11,847 | 1,150 |
| Citrix | 1989 | $3.2B | 9,000 | 6 |
| VMware | 1998 | $13.4B | 31,000 | 2 |
| IBM | 1911 | $62.8B | 270,000 | 2,307 |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
| Red Hat | 1993 | $3.4B | 13,400 | 311 |
| Intel | 1968 | $53.1B | 121,100 | 595 |
| Amd | 1969 | $25.8B | 15,500 | 573 |
| Xerox | 1906 | $6.2B | 24,700 | 717 |
Nuance Communications history FAQs
Zippia gives an in-depth look into the details of Nuance Communications, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Nuance Communications. The employee data is based on information from people who have self-reported their past or current employments at Nuance Communications. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Nuance Communications. The data presented on this page does not represent the view of Nuance Communications and its employees or that of Zippia.
Nuance Communications may also be known as or be related to Nuance Communications, Nuance Communications Inc, Nuance Communications Inc., Nuance Communications, Inc. and ScanSoft, Inc.