topics

Zi Corp Renews License Contract With Nokia; Welcome News During Battle With Nuance

Zi Corp.’s license agreement with Nokia (NYSE: NOK) for predictive text services has been renewed and it couldn’t have come at a better time. Nuance Communications, which makes speech-based technology for customer service, directory assistance and voice-activated commands on wireless devices, has been dogged in its pursuit of the company in recent weeks, trying to acquire it first through a takeover bid and then blasting it with a patent infringement suit after it rejected the offer. The contract calls for a “significant initial payment to be paid after closing and then quarterly installments from then on,” the mobile ad and search firm explained in a news release on the multi-year deal. (Release).

Related Stories
Aug 28, 2008 4:31 PM ET

Posted In: Technologies / Formats, Companies, Nokia, nuance communications, zi corp

Comments (0)

Leave a Comment

Commenting is now closed for this article.

Unhealthily Obsessed With Mobile Content | mocoNews Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors