nuance communications explores possible sale

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  • 8/12/2019 Nuance Communications Explores Possible Sale

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    Nuance Communications Explores Possible Sale

    June 16, 2014 12:38 p.m. ET

    Speech-recognition software maker Nuance Communications Inc. NUAN -0.88% NuanceCommunications Inc. U.S.: Nasdaq $18.05 -0.16 -0.88% July 11, 2014 4:00 pm Volume (Delayed15m) : 1.83M AFTER HOURS $18.05 0.00 0.00% July 11, 2014 4:26 pm Volume (Delayed 15m): 70P/E Ratio N/A Marketplace Cap $5.72 Billion Dividend Yield N/A Rev. per Employee $157,30406/16/14 Nuance Communications Explores... Much More quote details along with news NUAN in

    Your Own value Your Current Adjust short position features helddiscussions together with prospective suitors concerning a purchase with the company, according topeople familiar with the matter.

    The Burlington, Mass., business offers recently spoken in regards for you to a achievable saleregarding the organization along with Samsung Electronics Co. 005930.SE -1.68% SamsungElectronics Co. Ltd. S. Korea: KRX KRW1284000 -22000 -1.68% July 11, 2014 3:00 pm Volume(Delayed 20m) : 215,592 P/E Ratio 6.38 Industry Cap KRW213198.79 Billion Dividend Yield 1.07%Rev. for each Employee N/A 07/11/14 Intel's answer to iPad: Inexpensive ... 07/11/14 MoscowDevelopers Ponder Anoth... 07/10/14 BlackBerry to Shut Down Scorel... Much More quote details

    along with news 005930.SE within Your Own value Your Currentchange short situation as well as private-equity firms, some regarding the folks said. The idea isn'tdistinct exactly where sale talks, most of which happened earlier this year, currently stand or if

    they'll result in a deal.

    Nuance develops voice-powered technologies used in mobile phones, televisions as well as GPSnavigation devices. last September, Nuance stated its voice and also language technologies, whichare previously utilized in Samsung's handsets, televisions along with tablets, would also be usedinside the South Korean company's wearable devices. Its technology is used throughout Apple Inc.

    AAPL +0.19% Apple Inc. U.S.: Nasdaq $95.22 +0.18 +0.19% July 11, 2014 4:00 pm Volume (Delayed15m) : 33.68M AFTER HOURS $95.31 +0.09 +0.09% July 11, 2014 7:59 pm Volume (Delayed 15m):339,864 P/E Ratio 15.83 market Cap $574.14 Billion Dividend Yield 1.97% Rev. for each Employee$2,185,850 07/12/14 Apple Responds to end up being able to China Report... 07/11/14 Intel's

    Solution to iPad: Low-cost ... 07/11/14 U.S. Stocks Near Higher A Lot More quote details along with

    news AAPL in Your Current value your change short situation 's Siri.

    The organization were built along with a marketplace capitalization associated with concerning $5.5billion just before the Wall Street Journal reported your talks. Nuance shares rose sharply about thenews.

    It counts activist investor Carl Icahn as its biggest shareholder. Mr. Icahn's firm owned concerning19% of Nuance as in March 31, according to filings, and contains 2 representatives around thecompany's board.

    The existence of an activist can improve chances of a sale of or perhaps section of the business ormaybe a stock buyback. Lawson Computer Software Inc., pertaining to example, ultimately

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    marketed itself to an affiliate of Golden Gate Money and Infor after Mr. Icahn became the company'sgreatest shareholder.

    In inclusion to always be able to Samsung and also Apple, Nuance's consumers include Daimler AGDAI.XE -0.55% Daimler AG Germany: Xetra EUR66.68 -0.37 -0.55% July 11, 2014 5:35 pm Volume(Delayed 15m) : 2.93M P/E Ratio 9.72 Marketplace Cap EUR71.34 Billion Dividend Yield 3.37% Rev.per Employee EUR441,842 07/11/14 GM Hires Infiniti Chief de Nys... 07/11/14 Asian-Pacific Discusssales Expe... 07/11/14 Infiniti Motor President de Ny... more quote details and news DAI.XE

    inside The Worth Your Own Alter short place , Nintendo Co. 7974.TO -1.57% Nintendo Co. Ltd. Japan: Tokyo 12255 -195 -1.57% July 11, 2014 3:00 pm Volume (Delayed20m) : 683,100 P/E Ratio N/A market Cap 1736.15 Billion Dividend Yield 1.96% Rev. perEmployee 109,673,000 07/11/14 Metro Money: Minor League Play... 06/24/14 Nintendo Presidentfor you to Miss Sha... 06/16/14 Nuance Communications Explores... more quote details and news

    7974.TO within your value your Adjust short situation as well as PanasonicCorp. 6752.TO -0.65% Panasonic Corp. Japan: Tokyo 1214 -8 -0.65% July 11, 2014 3:00 pm

    Volume (Delayed 20m) : 7.54M P/E Ratio 23.30 market Cap 2978.01 Billion Dividend Yield 0.82%Rev. for each Employee 28,465,200 07/07/14 Japan's Regional Economies Sta... 07/02/14 LGChem Bets in Electric Vehic... 06/19/14 Heard on the Street: Nikon Los... more quote details and

    news 6752.TO within your Worth your change short situation Itrecorded $1.86 billion throughout revenue within its last fiscal year. Its largest enterprise will be itshealth-care unit, which usually generates software built to digitize patient records. the company'ssecond-biggest segment, mobile, concentrates on phones, cars as well as other devices.

    -Spencer E. Ante along with Mike Spector contributed to become able to this article.

    Write for you to Gillian Brown in [email protected], Dana Cimilluca at [email protected]

    and Ryan Knutson at [email protected]

    http://r.reuters.com/vun22w

    http://r.reuters.com/vun22whttp://r.reuters.com/vun22w