Jott, which was a good service when it was free, is being acquired by Nuance Communications. Very few details about the deal are listed in this article, but it seems that the most fungible part of the company was the voice recognition interface. It became a popular way for Salesforce users to access their CRM program – which was interesting to Nuance.
We sort of expected that either cell companies (or these days maybe Google Voice) would eventually provide a similar service for free, just to be competitive, and drive the Jott subscription model from the market. Even if they hadn’t, Dial2Do still does.
Nuance Communications, a provider of various speech recognition and predictive text products, said today it’s purchased Jott, whose service translates spoken messages into text and then emails or inserts them into various web services, for an undisclosed sum. As part of the deal, John Pollard, co-founder and CEO of Jott, will become a general manager in Nuance’s mobile division. Jott had previously raised $5.4 million from Bain Capital, Ackerley Partners, Draper Richards and Skype founder Niklas Zennstrom’s investment firm.