The story
Origins
AGNITIO was founded in 2004 as a spin-off from the Biometric Recognition Group — ATVS at the Technical University of Madrid. Its products are used by police departments in more than 35 countries across Europe, Asia and the Americas. On October 19, 2016, Nuance Communications Inc. acquired Agnitio and then Microsoft acquired Nuance. AGNITIO was acquired by Bigtincan in October 2020.
Market expansion
In addition to forensic applications, voice biometrics is generally considered to be one of the technologies suitable for strong authentication of telephone and electronic transactions. This makes voice biometrics a very promising technology for phone and on-line banking, as well as many other corporate voice applications and security needs.
AGNITIO's success in the homeland security market attracted venture capital funding, which was being used to enter deeper into the enterprise/corporate market. KIVOX, AGNITiO's corporate-focused offering, expands upon the inherent benefits of voice biometrics by utilizing the same core technologies found in its homeland security services.
From Wikipedia’s article on Agnitio, shared under CC BY-SA 4.0.4