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Samsung's latest acquisition could give Bixby its voice

From Engadget - July 12, 2017

Samsung has quietly snapped up Innoetics, a Greek text-to-speech startup. Among Innoetic's software is a voice-to-speech system that can pick up a speaking voice and then mimic it to recite a completely different text. The startup's library of 29 synthetic voices in 15 languages (including Hindi and German) should come in handy for Bixby's inevitable global rollout. In particular, Samsung will be eyeing Innoetics' "English US" voice program, a crucial vernacular that the company is still busy tinkering with.

Until now, Innoetics has mainly been gearing its tech APIs toward the B2B market, including telcos. Financial details are hard to come by, but TechCrunch estimates the deal at below $50 million. Samsung will reportedly retain Innoetics' small team of employees, while the startup's website says that it is discontinuing both its commercial and B2B services. This should free it up to devote it its time to Samsung's products instead.

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