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Play Video The transaction value is derived by the $56 a share multiplied by about 350 million fully diluted shares of Nuance, including stock options and stock awards. The acquisition will decrease earnings by less than 1% in the year that begins July 1 and start to add to profit the following year, Microsoft said. Microsoft is tapping the company tied to the Siri voice technology to develop solutions that free doctors from note-taking and better determine health-care needs. It has been working with Nuance for two years on AI software that helps clinicians capture patient discussions and int...

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 patients’ needs and upgrading hospitals’ digital record-keeping. The software giant is offering to purchase Nuance at US$56 a share, a 23 per cent premium to Friday’s close, according to a statement Monday...

Price being discussed could value Nuance at about $56 a share, source says

The speech-recognition pioneer's technology is aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping.

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