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Microsoft Buys Nuance In $19.7B Voice Recognition, AI Blockbuster ‘The path forward is clearly with Microsoft, who brings intelligent cloud-based services at scale and who shares our passion for the ways technology can make a difference,’ says Nuance CEO Mark Benjamin. By Mark Haranas April 12, 2021, 10:54 AM EDT In one of Microsoft’s largest acquisitions, the software giant is acquiring voice recognition and artificial intelligence specialist Nuance Communications in an all-cash transaction valued at $19.7 billion. The acquisition is Microsoft’s seco...

Microsoft Acquires Nuance to Accelerate Its Healthcare Industry Cloud Strategy Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries April 12, 2021 — Microsoft Corp and Nuance Communications, Inc. announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance's net debt. Nuance is a trusted cloud and artificial int...

Microsoft accelerates industry cloud strategy for healthcare with the acquisition of Nuance Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries News provided by Share this article Share this article REDMOND, Wash., and BURLINGTON, Mass., April 12, 2021 /PRNewswire/ -- Microsoft Corp (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) today announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nu...

"Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI," said Microsoft CEO Satya Nadella.

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...