"On May 6, 2025, open source technology consulting firm Quansight announced that it had acquired Cobalt Speech and Language, a provider of automatic speech recognition (ASR), transcription, natural language understanding, and other voice technologies in multiple languages. The deal closed April 10, 2025. According to Quansight CEO Travis Oliphant, the purchase was for cash, earn-out, and equity in Quansight portfolio companies. Slator is your trusted source for research and market intelligence across translation, localization, interpreting, and language AI. Read full news here: https://slator.com/ai-tech-consulting-firm-quansight-acquires-cobalt-speech-and-language/ Subscribe to our newsletter for more updates: www.slator.com"