Samsung acquires Greek text-to-speech startup Innoetics for under $50M

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Tuesday, 11 July 2017

Samsung acquires Greek text-to-speech startup Innoetics for under $50M

Tuesday, 11 July 2017 by Muhammad Ifzal

With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to… Read More