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Wednesday, August 14, 2013

Facebook buys Mobile Technologies, a start-up company specializing in voice recognition

hgfv  |  at  12:33 PM  |  , ,  |  No comments


After the announcement of the association facebook OpenTable to create a mobile app for booking restaurants in the United States, he continued to enter the mobile market. The group has announced the acquisition of Mobile Technologies was finalized. The start-up specializing in speech recognition and translation joined thus Facebook. For now, Mobile Technologies will continue to operate even if a majority of its employees will join local Facebook.

With the integration of advertising and boost its presence in the mobile Facebook has developed generating revenue targets., The American company could, in particular, enter the second quarter of 2013 to very good results.
Facebook and did not hesitate to expand its activities. Adding to its merger with OpenTable to develop a mobile application for booking restaurants, the announcement of the acquisition of Mobile Technologies. The latter was created in 2001, has developed solutions for voice recognition and translation. Regarding the latter's mobile application Jibbigo instant voice translation is the best known of the start-up product. But it has also developed the first automatic translation system for international conferences and schools.

In effect such redemption, Facebook wants to adapt its products to the voice recognition which they became an important means of navigation.

This purchase will be finalized soon. No amount has been disclosed by the parties concerned.




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