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Jim Cramer on Microsoft, Powell, and Bitcoin Jim Cramer discusses Microsoft, Jerome Powell, bitcoin and more. Author: It's Monday, y'all.  TheStreet Live is back, with Jim Cramer based in Brooklyn, New York City.  Microsoft's Biggest Acquisition Since LinkedIn Nuance and Microsoft have agreed to a nearly $20 billion deal that has Microsoft taking over Nuance.  In terms of details, Microsoft will pay $56 a share for Nuance, which is a 23% premium to the Friday closing price. The deal is all-cash, totaling around $19.7 billion including $1 billion in Nuance debt. "Nuance provides the AI laye...

Microsoft to buy AI firm Nuance Communications for about $16 bln in healthcare push  12 Apr 2021 - 16:30 Reuters Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion in cash, as it builds out its cloud strategy for healthcare. The deal comes as both companies, which partnered in 2019 to automate clinical administrative work such as documentation, gain from a boom in telehealth services with medical consultations shifting online due to the COVID-19 pandemic. "Nuance provides the AI layer at the healthca...

Microsoft is in advanced talks to acquire Nuance Communications, an artificial intelligence firm whose speech recognition tech helped develop

Microsoft splashes almost $20B on Nuance buy - Mobile World Live 12 APR 2021 Microsoft confirmed reports it was set to acquire AI speech recognition specialist Nuance Communications, penning a transaction worth $19.7 billion including net debt. In a statement, Microsoft said it had entered a definitive agreement to buy the business, a deal which had been earlier estimated at $16 billion. Nuance Communications provides speech recognition software used in the medical sector and by enterprises for a range of applications including biometric verification. Customers include major mobile players T...

Microsoft makes big bet on healthcare AI technology DOCTOR’S ASSISTANT: Nuance’s technology listens in on conversations between doctors and patients to create health records and anticipate patients’ needs Bloomberg Microsoft Corp is making a massive bet on healthcare artificial intelligence (AI). The software giant is set to buy Nuance Communications Inc, 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 could announce the deal as so...