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Telecom Italia Sells Loquendo To US's Nuance Communications

MILAN -(Dow Jones)- Italian telecommunication company Telecom Italia SpA (TIT.MI) said Saturday it has sold a voice technology unit, Loquendo, to U.S. company Nuance Communications Inc. (NUAN) for an enterprise value of EUR53 million ($75.5 million). The sale of Loquendo is part of a wider rationalization plan already announced by Telecom Italia earlier this year. In a statement, Telecom Italia said that Nuance is committed to keep the company's headquarters in the Italian city of Turin. Telecom Italia expects to close the deal around the end of September. -By Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@dowjones.com

Stock News for Nuance Communications (NUAN)
DateTimeHeadline
12/07/201608:30:00Black Book Names Nuance #1 in Two Healthcare Industry Reports
12/06/201617:32:48Statement of Changes in Beneficial Ownership (4)
12/06/201617:31:59Statement of Changes in Beneficial Ownership (4)
12/06/201617:29:16Statement of Changes in Beneficial Ownership (4)
12/06/201617:27:57Statement of Changes in Beneficial Ownership (4)
12/06/201608:00:00Australian Taxation Office Continues Transformation of the Digital...
12/05/201617:31:36Statement of Changes in Beneficial Ownership (4)
12/05/201617:30:15Statement of Changes in Beneficial Ownership (4)
11/30/201616:30:55Statement of Changes in Beneficial Ownership (4)
11/28/201608:00:00Nuance and Coordinated Care of Oklahoma Make Image Awareness...
11/28/201607:30:00Nuance Image Sharing Network Helps Focus Attention on Pediatric...
11/25/201613:39:04Current Report Filing (8-k)
11/23/201617:21:08Statement of Changes in Beneficial Ownership (4)
11/23/201617:19:44Statement of Changes in Beneficial Ownership (4)
11/23/201617:17:35Statement of Changes in Beneficial Ownership (4)
11/23/201617:15:47Statement of Changes in Beneficial Ownership (4)
11/23/201617:13:46Statement of Changes in Beneficial Ownership (4)
11/22/201617:20:14Statement of Changes in Beneficial Ownership (4)
11/22/201617:19:24Statement of Changes in Beneficial Ownership (4)
11/22/201617:17:37Statement of Changes in Beneficial Ownership (4)

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