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Nuance (NUAN) Reaches 52-Week High on Intel Ultrabook Collaboration

January 9, 2012 1:03 PM EST
Nuance Communications, Inc. (Nasdaq: NUAN) is just coming off its 52-week high of $27.46 today, following an announcement it is in a pact with Intel (Nasdaq: INTC) for the development of new Ultrabooks.

Intel will use Nuance's voice technologies to develop a voice application designed specifically for "intuitive and natural command of and control of the Ultrabook experience."

Shares of Nuance are still up about 1.7 percent, after moving as much as 3.3 percent to the high Monday.


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