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Amazon buys speech-recognition company Ivona

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Amazon.com Incorporated said on Thursday that it acquired speech-recognition company Ivona Software, a sign the world’s largest Internet retailer may be looking to develop more services similar to Apple Incorporated’s Siri voice-based search product.

Reuters reported that Amazon did not say how much it paid for Ivona and an Amazon spokeswoman declined to comment on a purchase price.

Ivona’s technology already supports several features on Amazon’s Kindle Fire tablet computers, such as “Text-to-Speech,” said Dave Limp, who oversees the Kindle business.

“We look forward to building great products to deliver world-class voice solutions to customers around the world,” Limp said in a statement.

Apple’s Siri service on its iPhone smartphones lets users ask questions and delivers answers, suggestions or actions. Ivona’s text-to-speech technology on Amazon’s Kindle Fire HD tablets reads Kindle e-books aloud to users.

 “The Ivona acquisition could provide some technology on the Kindle to compete with Siri, although I would argue that Siri has not been all that was expected of it so far,” said Kerry Rice, an analyst at Needham & Co.

Ivona could also help Amazon expand its e-book market to more people with disabilities, such as the blind, Rice added.


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