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Mark Cuban Invests in Text Analytics Co LinguaSys

By   /  October 12, 2012  /  No Comments

According to a recent article, “LinguaSys, Inc. announced that Mark Cuban has acquired a significant position in the Company.”

According to a recent article, “LinguaSys, Inc., an international provider of human language technologies producing highly customized Text Analytics, Translation and Natural Language User Interface software, today announced that hi-tech billionaire, entrepreneur, sports and technology mogul, Mark Cuban, has acquired a significant position in the Company.  Cuban owns the NBA World Champion Dallas Mavericks. LinguaSys uniquely analyzes content in its native language, providing human language technologies to some of the world’s largest mutual fund companies, commercial banks, hoteliers and government contractors.  Its software contextually interprets the meaning and intent of written language in any of LinguaSys’ currently supported languages, the result of its proprietary, patent-pending engine, Carabao.”

The article goes on, “Once Carabao discerns the meaning of content, it provides natural language understanding, text analysis or translates the meaning into other languages.  LinguaSys delivers automatic domain detection resulting in improved fidelity, sentiment at the sentence level, collections of synonym-based word families and the addition and deployment of new languages and lexicons faster and more easily than competitors.  LinguaSys creates new value for large enterprises and governments seeking meaningful data in multiple languages in social networks and big data stores. ”

Read more here.

Image: Courtesy LinguaSys

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