CKS Finance Advised the management and shareholders of Voysis on its acquisition by Apple.
Voysis was founded in 2012 by Peter Cahill who had previously spent 15 years researching speech technology and neural network research. The company has developed a voice recognition platform driven by natural language instructions and search capabilities that is extremely good at recognising and responding to voice commands from users. Its technology allows the use of computer speech systems technology on a smartphone without an internet connection.
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone makes up a majority of the firm’s sales, and Apple’s other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips.
This acquisition meant that the tech giant could use Voysis’s advanced technology to help improve the company’s virtual assistant Siri.
