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ScanSoft gets $5 million investment

ScanSoft got a $5 million investment from its largest institutional investor, the State of Wisconsin Investment Board. The Peabody, Mass.-based ScanSoft, which trades on Nasdaq, will give 4.76 million shares to the state organization in exchange for the investment. ScanSoft's software allows customers to edit and share documents and photos electronically.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
got a $5 million investment from its largest institutional investor, the State of Wisconsin Investment Board. The Peabody, Mass.-based ScanSoft, which trades on Nasdaq, will give 4.76 million shares to the state organization in exchange for the investment. ScanSoft's software allows customers to edit and share documents and photos electronically.