Microsoft Corp to acquire Nuance Communications for $19.7B
The acquisition of Nuance will double Microsoft's total addressable market in the healthcare space to nearly $500 billion, Microsoft added.
Source: yourstory.com
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Microsoft doubles down on cloud healthcare business with $16 billion Nuance buy
Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it expands cloud solutions for healthcare customers.
Source: reuters.com
Microsoft confirms $19.7B Nuance Communications acquisition deal
The deal comes as Microsoft works to build out its industry vertical play.
Source: reseller.co.nz
Microsoft expands cloud healthcare business with $16 billion Nuance buy
The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation
Source: businesstoday.in
Microsoft bets big on healthcare; buys AI speech tech company Nuance for $19.7 Billion
Microsoft bets big on healthcare; buys AI speech tech company Nuance for $19.7 Billion In the latest development, Microsoft has announced the acquisition of Nuance Communications, in an all-cash transaction valued at $19.7 billion, inclusive of net debt. As a part of the deal, the Redmond tech giant will pay $56 per share for Nuance, a 23% premium over the closing price of Nuance on Friday, April 9. The transaction is expected to be closed this calendar year. Mark Benjamin will remain CEO of Nuance reporting to Scott Guthrie, executive vice president of Cloud & AI at Microsoft. Notably, this ...
Source: fonearena.com