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Microsoft expands cloud healthcare business with $16 billion Nuance buy
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INVESTIGATION ALERT: Halper Sadeh LLP Investigates LMNX, NUAN, CADE, GNMK; Shareholders are Encouraged to Contact the Firm
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Microsoft doubles down on cloud healthcare business with $16 billion Nuance buy
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News 2021 - Microsoft in talks to buy AI firm Nuance
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Microsoft buys Nuance for US$19.7B in bet on health care
Dina Bass and Liana Baker, Bloomberg News
Microsoft acquires Nuance Communications for US$19.7B VIDEO SIGN OUT
Microsoft Corp. is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at US$19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patientsâ needs and upgrading hospitalsâ digital record-keeping.
The software giant is offering to purchase Nuance at US$56 a share, a 23 per cent premium to Fridayâs close, according to a statement Monday, which confirmed an earlier Bloomberg report. The deal marks Microsoftâs largest acquisition since LinkedIn Corp.