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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>http://www.finanznachrichten.de/nachrichten-2012-05/23533065-philips-to-sell-speech-processing-unit-to-invest-ag-020.htm</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</ref> <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>
In 2014 Speech Processing Solutions introduced its new cloud software called SpeechLive. It is a cloud-based workflow solution dedicated to dictation. <ref>http://www.speechwrite.com/speechlive/</ref> <ref>http://www.asdongroup.com/speechlive</ref>
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