AT&T Takes Equity Stake In Speech-Recognition Startup Vlingo

AT&T (NYSE: T) will take a minority stake in Vlingo as part of a broader strategic alliance between the two companies. Cambridge, Mass.-based Vlingo uses speech-recognition to allow users to text, email, call contacts, search the web, or update their Facebook or Twitter status by speaking into their phone. Terms of the deal were not disclosed.

The alliance will include integrating AT&T