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Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter.
The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.
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Bloomberg News, which first reported the deal between Nuance and Microsoft, said https://bloom.bg/2Qgfm7e talks are ongoing and the discussions could still fall apart.
REDMOND (dpa-AFX) - Microsoft corp. (MSFT) is in advanced talks to buy speech-recognition company Nuance Communications Inc. (NUAN) for about $16 billion, Bloomberg reported citing people familiar
Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc, Bloomberg News reported on Sunday.
<div class="at-above-post addthis tool" data-url="https://www.metro.us/microsoft-to-buy-ai/"></div>By Chavi Mehta and Krystal Hu (Reuters) – Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it builds out its cloud strategy for healthcare and enterprise customers. The deal comes after the companies partnered in 2019 to automate clinical administrative work […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/microsoft-to-buy-ai/"></div>&l