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Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft buying speech recognition firm Nuance in $16B deal
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United statesKate leggettSatya nadellaScott guthrieMark benjaminGreg pessinMassachusetts based nuanceDragon ambientDragon medical oneஒன்றுபட்டது மாநிலங்களில்கேட் லெகெட்சத்யா நாடெல்லாஸ்காட் குத்ரிகுறி பெஞ்சமின்மாசசூசெட்ஸ் அடிப்படையிலானது நுணுக்கம்டிராகன் சுற்றுப்புற

News 2021 - Microsoft in talks to buy AI firm Nuance

News 2021 - Microsoft in talks to buy AI firm Nuance
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Microsoft in talks to buy AI firm Nuance Communications for about $16 billion

Article content 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. We apologize, but this video has failed to load. Try refreshing your browser, or Microsoft in talks to buy AI firm Nuance Communications for about $16 billion Back to video 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.

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Microsoft in talks to buy AI firm Nuance for about $16 billion

Microsoft is in advanced talks to buy artificial intelligence and speech technology company Nuance

New yorkUnited statesApple incNuance communicationsNew york cityMassachusetts based nuanceArtificial intelligenceVoice technologyபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஆப்பிள் இன்க்நுணுக்கம் தகவல்தொடர்புகள்புதியது யார்க் நகரம்மாசசூசெட்ஸ் அடிப்படையிலானது நுணுக்கம்செயற்கை உளவுத்துறைகுரல் தொழில்நுட்பம்

Microsoft buying Siri s AI developer firm Nuance in $16 bn deal | Technology News

Microsoft s acquisition of Nuance comes after the companies formed a partnership in 2019. AI is technology s most important priority, and healthcare is its most urgent application, Microsoft CEO Satya Nadella said in a statement. Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about USD 19.7 billion. Microsoft will pay USD 56 per share in cash. That s a 23 percent premium to Nuance s Friday closing price. The companies value the transaction including debt at USD 19.7 billion. Shares of Burlington, Massachusetts-based Nuance surged more than 17 percent in Monday morning trading. Microsoft s acquisition of Nuance comes after the companies formed a partnership in 2019. The Redmond, Washington, company said that the deal will double its total addressable market in the health care provider industry, bringing its total addressable market in health care to nearly USD 500 billion.

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