According to this, the deal is all but done: #
SPINVOX, the troubled technology firm, is close to accepting a $150m (£92m) takeover offer from an American rival. #Earlier thoughts here. # #A sale to Nuance Communications, the speech-recognition group, could be announced before Christmas. It marks the end of the road for Spinvox, which converts mobile-phone text messages into voicemails. #
Once hailed as one of Britain’s most promising technology start-ups, the company ran short of cash in the summer. It was also rocked by allegations of financial mismanagement and claims that most of its messages were transcribed in overseas call centres. #