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10 Microsoft Corp. has agreed to buy artificial intelligence company Nuance Communications Inc. for $16 billion, extending chief executive Satya Nadella's run of big acquisitions to accelerate growth in everything from healthcare to videogaming. Microsoft said Monday it would pay $56 per Nuance share, a 23% premium over Friday's closing price, in a bet on the growing demand for digital tools within healthcare. The all-cash deal is Microsoft's second largest acquisition under Mr. Nadella. The company in 2016 spent about $26 billion for professional network LinkedIn Corp. Mr. Nadella's deal mak...

Tech your username 6 hours ago On Monday, Microsoft Corp. and Nuance Communications Inc., “a trusted cloud and AI software leader,” announced that they entered into a definitive agreement where Microsoft will acquire Nuance in a deal projected to close this year. Pursuant to the agreement, Microsoft will acquire Nuance for $56.00 per share, in an all-cash transaction that is valued at $19.7 billion and includes Nuance’s debt; notably, the price per share “implies a 23% premium to the closing price of Nuance on Friday, April 9.” This deal is Microsoft’s second-largest after it acqu...

NEW YORK — Microsoft will acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering the telemedicine services that became essential during the pandemic, the tech giant announced on Monday.Nuance's technology is used extensively in medical records and is currently employed in more than three-quarters of US hospitals, Microsoft said in a

Microsoft doubles down on cloud healthcare business with $16-B Nuance buy Apr 13, 2021 10:24 AM PHT Reuters Microsoft Corp said on Monday, April 12, it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it expands cloud solutions for healthcare customers. The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation. It shows Microsoft's ambition to extend its leadership into an industry where digital transformation has picked up speed during the pandemic. Healthcare providers h...

MONEYWEB LIVESTREAM In largest acquisition since LinkedIn. By Bloomberg News 13 Apr 2021  06:37  Image: Bloomberg Microsoft is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $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 $56 a share, a 23% premium to Friday’s close, according to a statement Monday, which confirmed an earlier Bloomberg report. The deal marks Microsoft�...