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15 Best Stocks in the Past Week: Novavax, Moderna Surge Higher

15 Best Stocks in the Past Week: Novavax, Moderna Surge Higher TheStreet 2 hrs ago © TheStreet 15 Best Stocks in the Past Week: Novavax, Moderna Surge Higher Stocks rose Friday as soaring growth in China provided investors with further reasons to believe in a surging post-pandemic recovery. Popular Searches The Dow Jones Industrial Average jumped 116 points, or 0.34%, to 34,152, and the S&P 500 gained 0.24%. The Nasdaq declined 0.05%. The Dow and S&P 500 set intraday all-time highs on Frid...
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15 Best Stocks in the Past Week: Vaccine Stocks Surge Higher

15 Best Stocks in the Past Week: Vaccine Stocks Surge Higher The best-performing stocks in the past week include Novavax, BioNTech, Moderna, Nuance, Nvidia, Wells Fargo, Tesla, Dell, and more. Author: Apr 18, 2021 9:31 AM EDT Stocks rose Friday as soaring growth in China provided investors with further reasons to believe in a surging post-pandemic recovery. The Dow Jones Industrial Average jumped 116 points, or 0.34%, to 34,152, and the S&P 500 gained 0.24%. The Nasdaq declined 0.05%. The Dow a...
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Microsoft Acquires Nuance, Elevating Its Healthcare Cloud Strategy

PHOTO: Shutterstock In a strategic move that elevates its existing partnership with Nuance, Microsoft will acquire the cloud and AI software provider for $56 a share in a transaction that will complete by the end of this calendar year. Nuance is a provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuance’s products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all clinical speech r...
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Microsoft to buy speech recognition firm Nuance for $19.7 billion

Microsoft to buy speech recognition firm Nuance for $19.7 billion 5 hours ago Microsoft on Monday announced the acquisition of cloud and AI firm Nuance Communications for $19.7 billion, the second most expensive acquisition by Microsoft after LinkedIn. The acquisition will help Microsoft scale up its healthcare technology infrastructure and will support its Microsoft Cloud for Healthcare initiative launched in 2020. Medical technology is at the front and centre due to the ongoing pandemic, and ...
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Microsoft strengthens healthcare play with Nuance acquisition

Apr 14, 2021 Microsoft has agreed to buy Nuance Communications for $56.00 per share, in an all-cash transaction valued at $19,7-billion, inclusive of Nuance’s net debt. Nuance is a cloud and AI software player in the healthcare and enterprise AI space. Mark Benjamin will remain CEO of Nuance, reporting to Scott Guthrie, executive vice-president: cloud and AI at Microsoft. The transaction is intended to close this calendar year. Nuance is a provider of conversational AI and cloud-based ambient...
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Microsoft Deepens Health-Tech Push With $16 Billion Deal for Nuance

10 Microsoft Corp. has agreed to buy artificial intelligence company Nuance Communications Inc. for $16 billion, extending chief executive Satya Nadellas run of big acquisitions to accelerate growth in everything from healthcare to videogaming. Microsoft said Monday it would pay $56 per Nuance share, a 23% premium over Fridays closing price, in a bet on the growing demand for digital tools within healthcare. The all-cash deal is Microsofts second largest acquisition under Mr. Nadella. The compa...
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Microsoft Acquires AI Company Nuance for $19.7B, Bolstering its Offerings for Health Care Sector

Tech your username 6 hours ago On Monday, Microsoft Corp. and Nuance Communications Inc., “a trusted cloud and AI software leader,” announced that they entered into a definitive agreement where Microsoft will acquire Nuance in a deal projected to close this year. Pursuant to the agreement, Microsoft will acquire Nuance for $56.00 per share, in an all-cash transaction that is valued at $19.7 billion and includes Nuance’s debt; notably, the price per share “implies a 23% premium to the cl...
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Microsoft ramps up telemedicine with $19.7b purchase of Nuance

NEW YORK — Microsoft will acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering the telemedicine services that became essential during the pandemic, the tech giant announced on Monday.Nuance's technology is used extensively in medical records and is currently employed in more than three-quarters of US hospitals, Microsoft said in a
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Microsoft doubles down on cloud healthcare business with $16-B Nuance buy

Microsoft doubles down on cloud healthcare business with $16-B Nuance buy Apr 13, 2021 10:24 AM PHT Reuters Microsoft Corp said on Monday, April 12, it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it expands cloud solutions for healthcare customers. The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation. It shows Microsofts ambition to extend its leadership into an in...
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Microsoft to acquire Nuance for $19.6bn in healthcare bet

MONEYWEB LIVESTREAM In largest acquisition since LinkedIn. By Bloomberg News 13 Apr 2021  06:37  Image: Bloomberg Microsoft is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping. The software giant is offering to purchase Nuance at $56 a share, a 23% premium to Friday’s close, acc...
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