Fluency Voice Technology to Acquire Vocalis Limited

LONDON, ENGLAND - Fluency Voice Technology Ltd. announced that it will acquire Vocalis Limited. The combined group will support Fluency's overseas expansion. The business will have over 80 employees across the U.K., U.S. and India and more than 20 reference sites. By acquiring Vocalis Limited, Fluency will augment its own customer base. Fluency's presence in the travel and financial services sectors will be complemented by Vocalis' client base in utilities and retail financial services, notably its relationships with Powergen and Chelsea Building Society. The acquisition is being made by netdecisions, Fluency's largest shareholder and a provider of IT services, consulting and systems integration. netdecisions clients include Centrica, npower and Wells Fargo. netdecisions provides professional services support on Fluency speech recognition deployments. netdecisions is acquiring Vocalis Ltd, the trading company, from Vocalis Group plc. Alex Green, CEO of Fluency Voice Technology commented: "We see great value in Vocalis' experience of creating and deploying speech recognition solutions. This acquisition expands not only our customer base with additional excellent client relationships, but also our existing talent. The combined business will focus on applications, which has always been our strategy, and we will continue to partner with leading global technology companies to deliver full technology solutions to clients." Manoj Badale, CEO and co-founder of netdecisions, said: "netdecisions strongly supports the Fluency business and views this acquisition as an important step in building a world-leading software business in the area of speech recognition." Richard Watrasiewicz, operations director of Vocalis Ltd, said: "The combination of Vocalis with Fluency brings great added value to Vocalis' clients and business model. I am looking forward to working with my new colleagues at Fluency."
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