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Microsoft acquires clinical voice-to-text company Nuance for $19.7B

Dive Brief: Microsoft is acquiring clinical documentation and artificial intelligence company Nuance Communications for $19.7 billion, two years after first inking an R&D partnership with the speech-to-text market leader. The Redmond, Washington-based tech giant said Monday it has entered into a definitive agreement to acquire Nuance for $56 a share — a hefty price tag, representing a 23% premium on the closing price on Friday. Nuance develops conversational artificial intelligence and clou...
United States Scott Guthrie Mark Benjamin Nuance Communications Dive Brief Microsoft Cloud

LIVE: Jim Cramer on Microsoft, Powell, and Bitcoin

Jim Cramer on Microsoft, Powell, and Bitcoin Jim Cramer discusses Microsoft, Jerome Powell, bitcoin and more. Author: Its Monday, yall.  TheStreet Live is back, with Jim Cramer based in Brooklyn, New York City.  Microsofts Biggest Acquisition Since LinkedIn Nuance and Microsoft have agreed to a nearly $20 billion deal that has Microsoft taking over Nuance.  In terms of details, Microsoft will pay $56 a share for Nuance, which is a 23% premium to the Friday closing price. The deal is all-cash...
New York United States Jim Cramer Satya Nadella Mark Benjamin Katherine Ross

Microsoft splashes almost $20B on Nuance buy - Mobile World Live

Microsoft splashes almost $20B on Nuance buy - Mobile World Live 12 APR 2021 Microsoft confirmed reports it was set to acquire AI speech recognition specialist Nuance Communications, penning a transaction worth $19.7 billion including net debt. In a statement, Microsoft said it had entered a definitive agreement to buy the business, a deal which had been earlier estimated at $16 billion. Nuance Communications provides speech recognition software used in the medical sector and by enterprises fo...
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Microsoft is acquiring Nuance Communications for $19.7B – TechCrunch

Microsoft is acquiring Nuance Communications for $19.7B Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has done well in recent years. In fact, the company announced the Microsoft Cloud for Healthcare last year, and t...
Lernout Hauspie Scott Guthrie Mark Benjamin Johns Hopkins Aeries Technology Group Nuance Communications

Microsoft's $19.7B Nuance deal shows it's going after the 'golden ticket' of health care

Microsofts $19.7B Nuance deal shows its going after the golden ticket of health care Daniel Howley The nearly $4 trillion U.S. health care industry is becoming the next battlefield for Big Tech, and Microsoft (MSFT), on Monday, launched its largest salvo yet with the acquisition of voice recognition company, Nuance (NAUN). The deal valued at $19.7 billion, Microsoft’s largest since it bought LinkedIn in 2016 for more than $26 billion, will give the Redmond, Washington-based co...
United States Brent Thill Amazon Web Services Berkshire Hathaway Life Sciences Big Tech
Source: msn.com

Why Microsoft's $19.7B deal to acquire Nuance is a 'perfect fit' and 'trophy' for Redmond tech giant

Why Microsoft’s $19.7B deal to acquire Nuance is a ‘perfect fit’ and ‘trophy’ for Redmond tech giant April 12, 2021 at 10:02 am (Microsoft Image) Microsoft’s giant purchase: The tech giant announced its second-largest acquisition ever on Monday: a pending $19.7 billion deal to swoop up Boston-area company Nuance Communications, a longtime leader in artificial intelligence-fueled speech technology. Why Nuance: The deal reflects Microsoft’s continued bet on healthcare. Nuance specia...
United States Mike Mcsherry Chrissy Farr Satya Nadella John Pollard Nuance Communications

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