Bloomberg News

Apple Buys Speech-Recognition Service Novauris to Bolster Siri

April 04, 2014

Apple Inc. (AAPL:US) Chief Executive Officer Tim Cook extended his buying spree with the iPhone maker acquiring speech-recognition software company Novauris Technologies to help improve its Siri service.

Apple said yesterday it acquired the U.K.-based software company without disclosing how much it paid. The team behind Novauris have worked for companies including Dragon Systems, which makes dictation software.

The deal fits with Apple’s approach of acquiring smaller companies and then swallowing the teams and technology before releasing related features in future products. The strategy contrasts with peers such as Google Inc. and Facebook Inc., which have been spending billions of dollars on acquisitions.

Kristin Huguet, a spokeswoman for Apple, confirmed the acquisition that was initially reported by TechCrunch.

“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Huguet said.

Apple, based in Cupertino, California, made 15 acquisitions in its last fiscal year, compared with five known deals in the previous year. In its last quarter, Apple spent $525 million buying other companies, almost double what it spent a year earlier.

In addition to Novauris, Apple has acquired PrimeSense Ltd., the maker of motion-tracking chip technology; Topsy Labs Inc., a data-analytics firm; and mapping software company Broadmap.

Siri is the digital assistant Apple introduced in 2011 so customers can ask for driving directions or check the weather by speaking a command in to their phones. The service was born out of Apple’s 2010 acquisition of a company of the same name.

Microsoft Corp. earlier this week unveiled Cortana, a voice-controlled digital assistant that’s similar to Siri.

To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net

To contact the editors responsible for this story: Pui-Wing Tam at ptam13@bloomberg.net Ben Livesey, Stephen West


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • AAPL
    (Apple Inc)
    • $101.14 USD
    • 0.28
    • 0.27%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus