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Microsoft Deepens Health-Tech Push With $16 Billion Deal for Nuance - Vimarsana News

Microsoft Deepens Health-Tech Push With $16 Billion Deal for Nuance

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...

Oracle's Years-Long Washington Offense Ends in Trio of Defeats - Vimarsana News

Oracle's Years-Long Washington Offense Ends in Trio of Defeats

Oracle CEO Safra Catz speaking at Oracle OpenWorld 2019 in San Francisco The trio of defeats underscore the limits of a strategy that relied on Oracle’s ties to the Trump White House and other politicians and ratchet up the pressure on Ellison and Chief Executive Officer Safra Catz to find ways to keep the existing product lineup vital. “They’re just throwing everything against the wall at this point to see what sticks,” said Anurag Rana, an analyst at Bloomberg Intelligence. But to improve its fortunes, Oracle will have to focus on the fundamentals of its software business. “The bi...

VMware Inc (VMW) Q4 2021 Earnings Call Transcript - Vimarsana News

VMware Inc (VMW) Q4 2021 Earnings Call Transcript

VMware Inc (VMW) Q4 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. VMware Inc (NYSE: VMW) Operator Ladies and gentlemen, thank you for standing by, and welcome to the VMware's Fourth Quarter and Fiscal Year 2021 Earnings Call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] I would now like to hand the conference over to your first speak...

Source: msn.com
Workday Inc (WDAY) Q4 2021 Earnings Call Transcript - Vimarsana News

Workday Inc (WDAY) Q4 2021 Earnings Call Transcript

Workday Inc (WDAY) Q4 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Workday Inc (NASDAQ: WDAY) Operator Welcome to Workday's Fourth Quarter and Fiscal Year 2021 Earnings Call. [Operator Instructions] We will conduct a question-and-answer session toward the end of the call. And with that, I will now hand it over to Mr. Justin Furby, Vice President of Investor Relations. Please go ahead. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, th...

Source: msn.com
Microsoft sales climb 17%, lifted by robust cloud demand; stock jumps - Vimarsana News

Microsoft sales climb 17%, lifted by robust cloud demand; stock jumps

Microsoft Corp. said fiscal second-quarter sales rose 17%, a faster clip than analysts projected, thanks to buoyant demand for corporate cloud-computing services and software tools that support at-home workers. Shares rose in late trading. Revenue in the period ended Dec. 31 rose to $43.1 billion, the Redmond, Washington-based software maker said Tuesday in a statement. That exceeded the $40.2 billion average estimate of analysts polled by Bloomberg, and marked Microsoft’s 14th straight quarter of double-digit revenue growth. Net income was $15.5 billion, or $2.03 a share. Analysts had pr...