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Nuance Communications (NUAN) Weaker on Google Competition Reports

March 23, 2016 1:18 PM EDT

(Updated - March 23, 2016 1:31 PM EDT)

Nuance Communications (NASDAQ: NUAN) pressured on reports Google (NASDAQ: GOOG) opened access to its speech recognition API.

According to TechCrunch, by making the move Google will compete head on with Nuance by opening up the API to third-party developers.

The app will be free to start to attract developers and will move to a pricing model at a later date.

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