Swype is the maker of arguably one of the most popular third party keyboards for Android, so popular it comes pre-loaded on many phones from the factory. The rumors started last night the company had been acquired, and as it turns out, the rumors were true. Nuance Communications disclosed in an SEC filing today they have acquired Swype Inc. The deal was closed for a cool $102.5 million, with $77 million due now, and the balance to be paid 18 month from now. In a statement to Droid Life, a representative from Swype said:
“We’re excited to be acquired by Nuance. We’re looking forward to all of the opportunities this brings us in terms of offering Swype alongside Nuance’s existing technologies. For now Swype will continue to be offered as a distinct product in Nuance’s product line, and we will be pursuing all opportunities to improve our products together. This is very exciting for both companies.”
Swype’s development has showed no signs of slowing down recently. They have continuously improved the software and are making it available to more and more devices. Hopefully the purchase will not only improve the product, but make it happen even faster.