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2012 Philips sold its Speech Processing unit to Invest AG, the private equity arm of [[Raiffeisenlandesbank|Raiffeisen Banking Group]] Upper Austria.<ref>{{Cite web|url=http://www.finanznachrichten.de/nachrichten-2012-05/23533065-philips-to-sell-speech-processing-unit-to-invest-ag-020.htm|title=Philips to Sell Speech Processing Unit to Invest AG}}</ref><ref>http://www.unquote.com/dach/official-record/2175220/invest-ag-set-philips-speech-processing-unit</ref>
In the same year Speech Processing Solutions introduced its new stationary digital dictation device, the SpeechMike Premium, with integrated motion sensor and antimicrobial surface.<ref>http://www.knowbrainer.com/NewStore/pc/viewPrd.asp?idproduct=450 {{Dead link|date=February 2022}}</ref><ref>https://finance.yahoo.com/news/philips-speechmike-premium-rated-best-080300114.html {{Dead link|date=February 2022}}</ref><ref>{{Cite web|url=http://www.startstop.com/philips_speechmike_premium_lfh3500.asp|title=Philips SpeechMike Premium LFH 3500}}</ref>
Also the Philips dictation recorder [[Mobile app|app]] for smartphones ([[iPhone]], [[Android (operating system)|Android]] and [[BlackBerry]]) was launched.
The latest product innovation from Speech Processing Solutions came in 2013, the launch of the Pocket Memo 8000 series.<ref>https://finance.yahoo.com/news/philips-pocket-memo-8000-reference-070200921.html {{Dead link|date=February 2022}}</ref><ref>{{Cite web|url=http://blog.pacifictranscription.com.au/my-brand-new-philips-dpm-8000-dictaphone-has-arrived/|title=Philips DPM 8000 dictaphone series | Pacific Transcription|date=29 August 2013}}</ref><ref>{{Cite web|url=http://neufutur.com/2013/08/philips-pocket-memo-review/|title = Philips Pocket Memo Review|date = September 2013}}</ref> Nuance awarded the Digital Pocket Memo (DPM) 8000 series with the highest Dragon Score (6 out of 6).<ref>http://support.nuance.com/compatibility/search.asp{{Dead link|date=September 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
In 2014 Speech Processing Solutions introduced its new cloud software called SpeechLive. It is a cloud-based workflow solution dedicated to dictation.<ref>{{Cite web|url=http://www.speechwrite.com/speechlive/|title = Digital Dictation and Voice Recognition Solutions}}</ref><ref>http://www.asdongroup.com/speechlive {{Dead link|date=February 2022}}</ref>
==Products==
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