On September 20, 2023, Roblox announced it acquired Speechly, a leading provider of speech recognition tools for voice chat moderation. Founded in 2016, Speechly's mission is to use voice technology to enable more delightful human computer voice interactions, and to empower and enhance communication between people. Speechly developed a speech recognition product that allowed fast, real-time and cost-efficient voice moderation helping developers reduce toxic behavior in online communities. Roblox is building the leading platform for 3D immersive communication and connection. With the addition of Speechly's new voice features, Roblox is solving new challenges—moderating spoken language in real time. Terms of the transaction were not disclosed.
Wilson Sonsini Goodrich & Rosati represented Roblox in the transaction. The team includes:
M&A
Rich Mullen
Brian Chan
Ryan Cooper
Valerie Lopez
Technology Transactions
Adam Shevell
Dena Smith
Privacy and Cybersecurity
Matt Staples
Daniel Chen
Michael O’Brien
Diya Jajal
Tax
Myra Sutanto Shen
Brandon King
Employee Benefits and Compensation
Scott McCall
Jessica Bliss
Employment
Rebecca Stuart
Nedim Novakovic
Export Control/Anti-Corruption
Tarek Helou
Anne Seymour
Seth Cowell
For more information, please see Speechly's news release. Additional coverage can be found on TechCrunch.