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The deal will give Microsoft a foothold in health-care technology

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 tha...

Microsoft is set to acquire AI software company Nuance Communications – marking Microsoft’s second-largest acquisition ever. The “Nuance deal would be a trophy for Redmond,” according to Wedbush Analyst, Dan Ives. “Nuance is in the midst of an unprecedented strategic turnaround the last few years under the leadership of CEO Mark Benjamin and we believe the company represents a unique asset on the health-care front for Microsoft.” TechCentral revealed that the acquisition could value Nuance at about US$56/share, giving the company an equity value of about $16-billion. “This can ...

Microsoft Buys Nuance In $19.7B Voice Recognition, AI Blockbuster ‘The path forward is clearly with Microsoft, who brings intelligent cloud-based services at scale and who shares our passion for the ways technology can make a difference,’ says Nuance CEO Mark Benjamin. By Mark Haranas April 12, 2021, 10:54 AM EDT In one of Microsoft’s largest acquisitions, the software giant is acquiring voice recognition and artificial intelligence specialist Nuance Communications in an all-cash transaction valued at $19.7 billion. The acquisition is Microsoft’s seco...

Microsoft is poised to make its biggest acquisition since LinkedIn Microsoft is making a massive bet on health-care artificial intelligence. The software giant is set to buy Nuance Communications, tapping the company tied to the Siri voice technology to overhaul solutions that free doctors from note-taking and better predict a patient’s needs. Microsoft may announce the deal as soon as Monday if talks are successful, according to people familiar with the matter. The price being discussed could value Nuance at about US$56/share, a 23% premium to Friday’s close, said one of the people, who ...