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Microsoft bets big on healthcare; buys AI speech tech company Nuance for $19.7 Billion In the latest development, Microsoft has announced the acquisition of Nuance Communications, in an all-cash transaction valued at $19.7 billion, inclusive of net debt. As a part of the deal, the Redmond tech giant will pay $56 per share for Nuance, a 23% premium over the closing price of Nuance on Friday, April 9. The transaction is expected to be closed this calendar year. Mark Benjamin will remain CEO of Nu...

Microsoft has agreed to buy Nuance Communications for $19.7 billion. Microsoft intends to integrate Nuance’s technology into its healthcare-specific cloud strategy. The acquisition is Microsoft’s second-largest after the $24 billion purchase of LinkedIn. Microsoft has agreed to buy the AI and voice communications firm Nuance for $19.7 billion. The deal, expected to close at the end of the year, would value Nuance at $56 per share, implying a premium of 23% to the stock’s closing price on ...

Microsoft to acquire Nuance Communications to bolster healthcare business 1 2021-04-13 13:17:43Xinhua Editor : Wang Yifan ECNS App Download Microsoft Corporation and Nuance Communications on Monday announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for 56 U.S. dollars per share. The price implies a 23 percent premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at 19.7 billion...

The acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries, the Redmond-based company noted.

(Photo by Cavan Images\Getty Images) Microsoft is acquiring Nuance Communications in an all-cash transaction valued at $19.7 billion, inclusive of Nuances net debt. The transaction is intended to close this year. Nuance is a cloud and software provider of conversational AI and cloud-based ambient clinical intelligence for healthcare systems. Nuances products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all leading clinical speech recogn...

Microsoft has swooped in to buy up Massachusetts-based Nuance Communications Inc. The $20 billion deal is the second biggest by value in Microsofts history, beaten only by Microsofts acquisition of LinkedIn back in 2016. Nuance is best known for its speech recognition technology and has been in the HEXUS news several times with innovations in voice control of TVs, laptops, cars, and dictation software for PCs. However, I note that our last Nuance headlined report, back in 2014, concerned a poss...

Washington, DC-headquartered technology giant Microsoft has agreed to acquire speech recognition and artificial intelligence company Nuance.

Reports suggest the companies are in "advanced talks".

Nuance Communications agreed to a $20 billion takeover from Microsoft Monday that marks the tech giants second-largest deal on record as it moves deeper into the healthcare sector.