Activist investor Carl Icahn said he raised his voice recognition software vendor Nuance Communications, Inc. (NUAN.O) 16.9% of the shares, he could of his nominees to the company's board of directors discussed the possibility.
Icahn had reported earlier this month, 16.03% of the shares.
Nuance's shares were up 2% after-hours trading on Thursday, closing at $ 18.31 on Nasdaq.
Icahn said he had acquired the shares "of the belief that they were undervalued." (Link.reuters.com/vaf72v)
Apple Inc. (AAPL.O: Quote) iPhone device uses Nuance speech recognition technology in its "Siri voice feature.
Icahn announced 16.03% stake earlier this month, Nuance company adopts a shareholder rights plan, in order to reduce any investor to gain control "through open market accumulation or other coercive tactics acquisition opportunities, without having to pay an appropriate control premium." .
If an individual or group to obtain 20% or more of the shares in the company Nuance transaction approved by the Board does not take effect requirements.
The company did not immediately comment Thursday.
Nuance company earlier this month lowered its full-year forecast of its mobile customers to postpone contract.
Icahn, who knows taking large positions in companies and to promote the management of change, in the April 1 revealed that he has taken a 9.27% ??stake in the company Nuance.



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