TechnologyMicrosoft in talks to buy AI firm Nuance Communications for about $16 billion -source
ReutersKrystal Hu
2 minutes read
A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo
Microsoft Corp (MSFT.O) is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc (NUAN.O) 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.
Bloomberg News, which first reported the deal between Nuance and Microsoft, said talks are ongoing and the discussions could still fall apart.
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion.
The acquisition will get Mic .
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft de
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft de