Siri software maker Nuance adds Icahn nominees to board

Reuters

Oct 8 (Reuters) - Speech recognition software maker NuanceCommunications Inc said it appointed two Carl Icahnnominees to its board, more than a month after the activistinvestor said he may explore such a possibility.

Nuance's shares rose more than 2 percent in premarkettrading after the company said the addition of Brett Icahn,Icahn's son, and David Schechter brings the number of itsdirectors to 11.

"I'm optimistic their impact at NUAN will be similar to HAIN(Hain Celestial Group Inc ), where stock went from$20.20 to $79.56 over the three years they sat on the board,"Icahn said in a tweet.

Icahn Group and affiliates own about 16.7 percent ofNuance's shares. Icahn revealed in April a 9.27 percent stake inNuance, whose technology is used in Apple Inc's iPhonesas part of its "Siri" voice feature.

Following Icahn's announcement of a 16.03 percent stake inAugust, Nuance had adopted a stockholder rights plan to reducethe chances of any investor gaining control.

Icahn has agreed to customary standstill provisions, thecompany said on Tuesday.

Nuance's shares closed at $18.49 on the Nasdaq on Monday.

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