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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.

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.