Lernout & Hauspie File For Bankruptcy
from the not-a-good-sign dept
L&H has been the big name in speech recognition for many years. They’d been having troubles recently, but filing for Chapter 11 protection is a huge surprise. What I want to know is why L&H went out and bought two other big name speech recognition companies just a few months ago? They had to know that things weren’t that great on the homefront.
Comments on “Lernout & Hauspie File For Bankruptcy”
The death touch of Microsoft....
Once again, being partnered/taking money is a historic kiss of death. (L&H sold part of the firm off to M$…20% as I remember)
Examples include:
Digital
Sybase