Reuters is reporting Microsoft is to buy privately held Tellme Networks Inc., a speech technology company, to bolster its communications push and enhance searches over mobile phones.
Terms were not disclosed but undisclosed sources valued the Tellme at over $800m
“Mobile search is going to be a huge market,” said Morningstar analyst Toan Tran. “Search on mobile phones is still up for grabs and Microsoft is a big believer in voice being an interface for mobile phones.”
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