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Microsoft confirms Nuance acquisition for nearly $20 billion Apr 12, 2021 09:42 EDT with 4 comments Over the weekend, reports emerged that Microsoft was considering an acquisition of Nuance Communications, a company focusing on cloud and AI products, specifically for healthcare. It hasnt taken long for an official confirmation, as Microsoft has now announced that thats acquiring the company in an all-cash transaction valued at $19.7 billion, including Nuances net deb...

Satya Nadella said the company intends to integrate Nuance's technology with Microsoft Cloud in Healthcare.

Microsoft Buys Nuance In $19.7B Voice Recognition, AI Blockbuster ‘The path forward is clearly with Microsoft, who brings intelligent cloud-based services at scale and who shares our passion for the ways technology can make a difference,’ says Nuance CEO Mark Benjamin. By Mark Haranas April 12, 2021, 10:54 AM EDT In one of Microsoft’s largest acquisitions, the software giant is acquiring voice recognition and artificial intelligence specialist Nuance Comm...

Updated Apr 12, 2021 | 19:47 IST The deal comes on the heels of Microsofts 2016 purchase of LinkedIn for $27 billion and represents "the latest step in Microsofts industry-specific cloud strategy," Microsoft said. Microsoft to buy artificial intelligence firm Nuance for $19.7 bn&nbsp | &nbspPhoto Credit:&nbspiStock Images Microsoft will acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering its healthcare offerings, the tech giant...

by Staff, wire reports — April 12, 2021 . Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. Microsoft will pay $56.00 per share cash. That’s a 23% premium to Nuance’s Friday closing price. The companies value the transaction at $19.7 billion, including debt. Shares of Nuance surge about 23% in Monday premarket trading. “Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-worl...

Microsoft goes all in on healthcare with $19.7B Nuance acquisition When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. That’s surely a lot of money for a company on a $1.4 billion run rate, but Microsoft, which has already partnered with the speech-to-text market leader on several products over the last couple of years, saw a company firmly embedded in healthcare and...

Microsoft buys AI firm Nuance for $19.7bn in healthcare push Microsoft has agreed a $19.7bn deal to buy AI health firm Nuance (Getty Images) Microsoft today said it will buy AI health firm Nuance Communications in a $19.7bn (£14.3bn) deal as it looks to bolster its healthcare offering. Massachusetts-based Nuance offers artificial intelligence and speech technology services designed to automate clinical administrative work and reduce the burden of paperwork on doctors. Microsof...

Microsoft Acquires Nuance to Accelerate Its Healthcare Industry Cloud Strategy Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries April 12, 2021 — Microsoft Corp and Nuance Communications, Inc. announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction va...

Microsoft accelerates industry cloud strategy for healthcare with the acquisition of Nuance Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries News provided by Share this article Share this article REDMOND, Wash., and BURLINGTON, Mass., April 12, 2021 /PRNewswire/ -- Microsoft Corp (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) today announced they have entered into a definitive agreement under which M...

April 12th, 2021 Microsoft Microsoft has today announced that it has entered into an agreement to buy Nuance Communications for around $19.7 billion. The deal is designed to bolster Microsoft’s cloud, AI and healthcare businesses, using Nuance’s know-how in those fields to improve the software giant’s own products. In the announcement, Microsoft specifically singles out Microsoft Cloud for Healthcare, which Nuance was already involved with, as a key beneficiary of the deal. Microsoft CEO ...