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PHOTO: Shutterstock In a strategic move that elevates its existing partnership with Nuance, Microsoft will acquire the cloud and AI software provider for $56 a share in a transaction that will complete by the end of this calendar year. Nuance is a provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuance’s products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all clinical speech recognition SaaS offerings built on Microsoft Azure. Nuance’s solutions aim to work seamlessly w...

Apr 14, 2021 Microsoft has agreed to buy Nuance Communications for $56.00 per share, in an all-cash transaction valued at $19,7-billion, inclusive of Nuance’s net debt. Nuance is a cloud and AI software player in the healthcare and enterprise AI space. Mark Benjamin will remain CEO of Nuance, reporting to Scott Guthrie, executive vice-president: cloud and AI at Microsoft. The transaction is intended to close this calendar year. Nuance is a provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Its products include the Dragon Ambient eXperience,...

Microsoft to buy Nuance in $25b deal to boost cloud strategy for healthcare Written by Kate McDonald on 13 April 2021. Microsoft will buy speech recognition and AI developer Nuance Communications in a $US19.6 billion ($A25.6b) deal that will massively expand Microsoft’s healthcare industry cloud strategy. Nuance has a market-leading portfolio of products for clinical speech recognition, many of which are built on Microsoft Azure, including the cloud hosted Dragon Medical One and PowerScribe One for radiology reporting. It also markets the on-premise Dragon Medical Practice.

In one of Microsoft’s largest acquisitions, the software giant is acquiring voice recognition and artificial intelligence specialist Nuance Co...

The deal comes as Microsoft works to build out its industry vertical play.