Nov. 3 at 2:51 PM
$CRNC 🔥 Cerence (CRNC) just pulled off a major power move against Samsung. After two years of dueling patent lawsuits—where Samsung even countersued for treble damages—Samsung ended up paying Cerence
$49.5M in a cross-license deal. That’s ~14% of CRNC’s market cap in cash, litigation risk erased, and Cerence’s voice-AI IP validated by one of the world’s biggest tech companies. With fresh liquidity, no legal overhang, and proven technology, Cerence is now positioned to monetize its AI platform across automakers and device ecosystems. This is a turning point, not a headline.