Versions Dragon Naturally Speaking Version įrom 2012 LG Smart TVs include voice recognition feature powered by the same speech engine as Dragon NaturallySpeaking. In 2005 ScanSoft launched a de facto acquisition of Nuance Communications, and rebranded itself as Nuance. Following the bankruptcy of Lernout & Hauspie, the rights to the Dragon product line were acquired by ScanSoft of Burlington, Massachusetts, also a Goldman Sachs client. The jury cleared Goldman Sachs of all charges. The Bakers sued Goldman Sachs for negligence, intentional misrepresentation and breach of fiduciary duty, which in January 2013 led to a 23-day trial in Boston.
The Bakers had received stock worth hundreds of millions of US dollars, but were only able to sell a few million dollars' worth before the stock lost all its value as a result of the accounting fraud. The deal was not originally supposed to be all stock and the unavailability of the Goldman Sachs team to advise concerning the change in terms was one of the grounds of the Bakers' subsequent lawsuit. Following the all-share deal advised by Goldman Sachs, Lernout & Hauspie declared bankruptcy in November 2000. The company was then purchased in June 2000 by Lernout & Hauspie, a Belgium-based corporation that was subsequently found to have been perpetrating financial fraud.
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