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SpinVox for sale, says minor investor

Tim Green
SpinVox for sale, says minor investor

Invesco Perpetual puts into words what we all knew anyway.

In a financial statement, the investor said it's cashing out its stake in the voice-to-text company, and that its written down its investment by 90 per cent from £750,000 stake to £76,000.

The sale rumour is hardly surprising, as Cisco and Nuance have been regularly linked with Spinvox in recent weeks. The need for a change has been accelerated by a press frenzy surrounding the revelation that Spinvox uses call centres and not voice recognition tech to convert messages.

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Tags: messaging , spinvox