Nuance Communications Inc. to acquire Focus Infomatics Inc.
New York, USA (TMC): Nuance Communications Inc., a provider of speech applications and solutions, has announced its plans to acquire Focus Infomatics Inc., a healthcare speech recognition editing services organization. At a purchase price of about $58 million, Nuance expects that the acquisition will reduce its earnings share on a GAAP basis by roughly 1 cent to 2 cents in 2007 and 1 cent to breakeven in fiscal year 2008.