Swype gets swiped away by its competitor.
Nuance communication is well known for their excellent speech recognition software: Dragon Naturally speaking; but what most people don’t know is that they also have lots of “keyboard” projects. They own the T9 typing style, they have their own Android Flex T9 keyboard, they previously bought Shapewriter which was main Swype competitor but now they have even bought Swype for $100 million. Hey! if you can’t beat them, just buy them out, right?
Its apparent that Nuance wants to be the only major gun in the competition of keyboards for mobile devices. It is being rumored that iPhone 4S will also purchase license from Nuance to bring the Swype to its phone officially.
I think after this step, Nuance next target would be to make Dragon Naturally speaking app for smartphones. Apple already has announced Siri, but as impressive it may be, it is still a 4S exclusive feature. While an app from Nuance could be made for Android, Windows Phone 7 and older iPhones as well.