Microsoft Is Reportedly in Talks to Scoop Up AI Firm Nuance Communications for $16 Billion
Microsoft Is Reportedly in Talks to Scoop Up AI Firm Nuance Communications for $16 Billion Photo: Jeenah Moon (Getty Images) Microsoft is in advanced talks to acquire Nuance Communications, an artificial intelligence firm whose speech recognition tech helped develop Apple’s Siri virtual assistant, for as much as $16 billion, a source familiar with the matter told Reuters. Advertisement The deal price being negotiated could value Nuance at around $56 per share, the source said, a roughly 23% premium compared to the share’s closing price on Friday. They added that an official announcement ...
Source: gizmodo.com