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VoiceBox Technologies Agrees to Acquire Speech Product Unit, Telisma

 Purchase will enhance the VoiceBox portfolio of voice solutions for car, home and mobile markets and bring Contextual Natural Language capabilities to Telisma’s IVR based customers around the world.

  BELLEVUE, WA, USA/ FRANCE— January 20, 2016 VoiceBox Technologies Corporation, a global leader in intelligent, contextual voice solutions for connected things, has agreed to acquire the speech product unit Telisma from OnMobile S.A. The transaction is expected to close January 31, 2016.

Founded as a spinoff of France Telecom in 2000, Telisma provides speech recognition technology to numerous leading companies and brings an additional 14 years of expertise in embedded and server Automatic Speech Recognition (ASR) to VoiceBox. The industry award winning interactive voice response (IVR) solution teliSpeech™ is deployed around the world and currently handles more than one billion IVR calls per year in many different languages.

We’ve been collaborating with Telisma on a robust embedded ASR solution for the automotive market for a couple years now,” said Mike Kennewick, CEO of VoiceBox. “This acquisition represents a natural extension of VoiceBox solutions to global IVR markets and further expands our ability to deliver full voice services to current and future customers.”

VoiceBox Technologies is making a strategic investment to reinforce its unique contextual natural language understanding value proposition for the automotive, home and connected markets, while also bringing enhanced capabilities to Telisma IVR based customers around the world.

“Telisma’s ASR technologies combined with VoiceBox’s contextually driven solutions create exciting propositions for our combined customer and partner base,” said Alexandre Joly, Head of the Telisma Business Unit.

The expansion is a sign of growth for voice solutions in European Markets. With the absorption of Telisma’s employees and offices, VoiceBox Technologies France extends its global presence to the cities of Paris, Rennes and Lannion.

About VoiceBox Technologies Corporation

VoiceBox provides one-stop-shopping for companies looking to voice-enable products and solutions; offering enhanced Automatic Speech Recognition (ASR), Natural Language Understanding (NLU), Text to Speech (TTS) technologies together with a full range of development, testing and data services for the Internet of Things (IoT). VoiceBox ships with Toyota, Fiat, Dodge, Chrysler, Maserati, Renault, Mazda, Subaru and Tom-Tom in 23 languages across 3 continents. More information is available at http://www.voicebox.com.

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