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All over bar the shouting...
Published: 12 December 2001 12:50 GMT
A US bankruptcy court has approved Scansoft's acquisition of Lernout and Hauspie's assets.
The scanning specialist has acquired most of the speech and language assets from the beleaguered software house for $10m in cash, a $3.5m promissory note and 7.4 million Scansoft shares.
Lernout and Hauspie collapsed after a police investigation into allegations of fraud culminated in the incarceration of the two founders in May.
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