May 10, 2012
New IPO in Technology
May 10, 2012 (AAPLTrader)
Audience (NASDAQ: ADNC) is fresh out of the blocks in the market as of today with its initial public offering (IPO) of $17 per share and a total of 5,270,180 shares of common stock in the NASDAQ.

Based out of Mountain View, California, ADNC is a leading global provider of advanced voice and audio processors for mobile products. They’re customers are very successful companies, such as Samsung, HTC, Pantech, Sharp, LG and others. More than 70 different mobile devices use Audience technology.
ADNC has experience integrating its technology into new device architectures, form factors, operating systems (OS), and networks.
One of the products Audience provides is called earSmart, which is an intelligent voice processor. The earSmart is a “brain-like” technology that allows mobile devices to deliver better voice quality for clear conversations in nearly any setting, including higher accuracy and performance for speech recognition services. This enhances audio for multimedia recording, mobile video, music, and more.
Audience has a goal to redefine the mobile voice and sound quality standard, harnessing the power of auditory neuroscience to improve the products that we rely on every day to communicate, and stay connected to people, information and entertainment.
Audience advanced Voice technology:
- Higher clarity for communications
- Better accuracy and performance for speech recognition services
- Enhanced sound quality for multimedia capture, from video recording to voice memos, as well as audio playback for music to TV
Investors in Audience include New Enterprise Associates (NEA), Tallwood Venture Capital, Vulcan Capital, and VentureTech Alliance.
Eric Consiglio- AAPLTrader.com