[5] In 1982 he and Dr. Janet M. Baker, his wife, founded Dragon Systems to release products centered around their voice recognition prototype.

DragonDictate was first released for DOS, and utilized hidden Markov models, a probabilistic method for temporal pattern recognition.

The deal was not originally supposed to be all stock and the unavailability of the Goldman Sachs team to advise concerning the change in terms was one of the grounds of the Bakers' subsequent lawsuit.

The Bakers sued Goldman Sachs for negligence, intentional misrepresentation and breach of fiduciary duty, which in January 2013 led to a 23-day trial in Boston.

[10] Following the bankruptcy of Lernout & Hauspie, the rights to the Dragon product line were acquired by ScanSoft of Burlington, Massachusetts, also a Goldman Sachs client.

[11] As of 2012, LG Smart TVs included voice recognition feature powered by the same speech engine as Dragon NaturallySpeaking.