PerSay, long recognized as one of the leaders in the voice biometrics space, was acquired by Nuance Communications, Inc. late last year. In an article on tmcnet.com, Chuck Buffum, Vice President of Authentication for Nuance is quoted as saying “PerSay’s voice biometrics products are currently in use across a range of applications, including remote transactions via contact centers and the Internet, password reset, offender monitoring, voice mining, and time and attendance. Together, the companies can accelerate the growth and adoption of the emerging voice biometrics market segment.”
I wish Almog, Ariel and the rest of the PerSay team the best of luck!
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The acquisition of PerSay by Nuance provides further evidence of industry consolidation. The ability of Nuance to merge the two organizations, two sets of customers and integrate two seperate biometric engines into one platform and support a successful migration of the legacy bases of each will be challenging. It will also offer an opportunity for smaller and more algile voice biometric companies (i.e. VoiceVault) to expand its "footprint and voiceprint" into the market with lower cost "cloud based" enterprise and mobile platform solutions.
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