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$TXHDD Mr. DiBenedetto began investing in private technology companies in 1978 when he was at Allen & Company, Incorporated. He has developed and sold two cellular telephone companies and has been a founder/director of several technology companies including Voice Signal Technologies, Inc., the worldwide leading mobile voice recognition business which was sold to Nuance Communications in 2007 for $300 million; Fortelligent, Inc., a predictive modeling firm which was sold to WPP, Inc. in 2007; Shaser Bioscience, a consumer personal products company acquired in 2012 by Spectrum Brands in a deal valued at $100 million; and Semantic Machines, a conversational Artificial Intelligence (AI) company which was recently acquired by Microsoft.

https://finance.yahoo.com/news/thomas-dibenedetto-joins-textmunication-holdings-123000751.html