Microsoft Nabs Nuance for $19.7B to Bolster Cloud for Healthcare | Science
Apr 13, 2021 3:00 AM PT Microsoft on Monday announced it is purchasing Nuance Communications, a natural language to computer processing company, in a deal valued at $19.7 billion. In the all-cash transaction, Microsoft will acquire all of Nuances outstanding stock for US$56 a share, a 23 percent premium over the share price at the close of the market last Friday. The deal, which is Microsofts largest since it acquired LinkedIn in 2016 for more than $26 billion, is expected to close at the end o...
Source: technewsworld.com