Friday, October 7, 2011

Nuance goes Swyping

Swype just got acquired.swype

In another Arrington exclusive, Swype, the startup who made our lives easier by providing an alternative, super speedy way to typing with our annoying Android keyboards (based on personal experience) through swyping, was acquired by Nuance (the makers of voice recognition technology, which is the talk of the tech town after Siri’s announcement) to the tune of possibly more than $100 million.

Swype, now available in millions of devices, premiered at a TechCrunch conference back in 2008, didn’t win but certainly got people’s attention. And it still does today, and maybe tomorrow. It’s fate is now on Nuance’s hands.

Here’s a video of Swype in action:

Update: It’s $102 million. $77.5 million up front and another $25 million in 18 months (to hold on to talent probably).