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Nuance spins off automotive division, now called Cerence

2019-10-02 08:51:00| Telecompaper Headlines

(Telecompaper) Nuance Communications has spun-off its automotive division, now called Cerence. The two companies separated on 1 October, with Cerence shares set to start trading on 2 October on the Nasdaq Global Select Market. On its new website, Cerence says it will use AI, voice recognition, gaze and touch technologies, and augmented reality for its mobility technologies in the car. Nuance announced the spin-off late last year, and this summer named Sanjay Dhawan the new company's future CEO.

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