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Microsoft in talks to buy AI firm Nuance Communications for about $16-billion: source

The deal with Nuance would be Microsoft’s second-biggest deal, after its $26.2 billion acquisition of LinkedIn in 2016 ....

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Microsoft builds out cloud healthcare business with $19.7B Nuance acquisition

MedCity News
Microsoft builds out cloud healthcare business with $19.7B Nuance acquisition
Microsoft will buy up healthcare AI partner Nuance for $19.7 billion. Nuance makes speech-recognition tools for clinical documentation, as well as security tools.
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Nuance’s Dragon Ambient eXperience system is installed in a clinic. The voice recognition system automatically populates clinicians’ notes. Photo credit: Nuance

Microsoft is acquiring voice recognition company Nuance Communications as it competes with other cloud companies for a share of the healthcare market.
It plans to buy the company for a total of $19.7 billion in an-all cash deal, including Nuance’s debt. The deal was priced at $56 per share, up 23% from Nuance’s closing price on Friday. ....

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Microsoft to buy AI firm Nuance Communications for about $16 bln in healthcare push

Microsoft to buy AI firm Nuance Communications for about $16 bln in healthcare push
12 Apr 2021 - 16:30
Reuters
Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion in cash, as it builds out its cloud strategy for healthcare.
The deal comes as both companies, which partnered in 2019 to automate clinical administrative work such as documentation, gain from a boom in telehealth services with medical consultations shifting online due to the COVID-19 pandemic.
Nuance provides the AI layer at the healthcare point of delivery, Microsoft CEO Satya Nadella said in a statement, adding AI is technology s most important priority, and healthcare is its most urgent application. ....

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Welcome To IANS Live - LatestNews - Microsoft buys speech-recognition company Nuance for $19.7B

Photo Credit: IANS
IANSLive
Redmond (Washington State), April 12 (IANS) In one of the biggest tech deals, Microsoft on Monday announced to acquire speech-recognition company Nuance Communications for $19.7 billion in an all-cash transaction.
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Update: 12-April-2021 ....

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Microsoft to Buy Nuance for $19.6 Billion in Health-Care Bet

Microsoft to Buy Nuance for $19.6 Billion in Health-Care Bet
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