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Microsoft is acquiring Nuance Communications for $19.7B Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has done well in recent years. In fact, the company announced the Microsoft Cloud for Healthcare last year, and this deal is about accelerating its presence there. Nuance’s products in this area include Dragon A...

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion.

Microsoft announced today that it will acquire AI software maker Nuance in an all-cash deal valued at $19.7 billion.

Michelle Chapman And Matt O'Brien FILE - In this Nov. 10, 2016, file photo, people walk near a Microsoft office in New York. Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth $19.7 billion including debt. (AP Photo/Swayne B. Hall, File) April 12, 2021 - 8:30 AM Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. Microsoft will pay $56 per share cash. That's a 23% premium to Nuance's Friday closing price. The companies value the transaction includ...

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance's widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. The companies…