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Carl Icahn Buys 9.3% Stake In Siri's Nuance

The stock price of Nuance Communications Inc. (NASDAQ:NUAN) is up by 6 percent today after activist investor, Carl Icahn revealed a 9.3 percent passive stake in the company.

Nuance Communications Inc. (NASDAQ:NUAN) develops speech-recognition and digital imaging software. The company’s speech recognition technology is used by Apple Inc. (NASDAQ:AAPL)'s in the iPhone devices for the Siri voice feature.

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