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Microsoft buying Siri's AI developer firm Nuance in $16 bn deal | Technology News

Microsoft s acquisition of Nuance comes after the companies formed a partnership in 2019.
AI is technology s most important priority, and healthcare is its most urgent application, Microsoft CEO Satya Nadella said in a statement.
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about USD 19.7 billion.
Microsoft will pay USD 56 per share in cash. That s a 23 percent premium to Nuance s Friday closing price. The companies value the transaction including debt at USD 19.7 billion.
Shares of Burlington, Massachusetts-based Nuance surged more than 17 percent in Monday morning trading.
Microsoft s acquisition of Nuance comes after the companies formed a partnership in 2019. The Redmond, Washington, company said that the deal will double its total addressable market in the health care provider industry, bringing its total addressable market in health care to nearly USD 500 billion. ....

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Microsoft Advancing Talks to Acquire Apple's Siri AI Developer, Nuance Communications, for $16B

11 April 2021, 8:17 pm EDT By
Microsoft is reportedly in advanced talks with Nuance Communications, which is known for helping Apple develop the artificial intelligence for its virtual voice assistant, Siri. The reports have suggested that Microsoft is trying to acquire Nuance at a $16 billion buyout to get the company from its original management and incorporate its technology for the big tech.
Microsoft Plans to Acquire Nuance Communications
(Photo : (Photo by David Ramos/Getty Images))
BARCELONA, SPAIN - FEBRUARY 26: A logo sits illumintated outside the Microsoft booth on day 2 of the GSMA Mobile World Congress 2019 on February 26, 2019 in Barcelona, Spain. The annual Mobile World Congress hosts some of the world s largest communications companies, with many unveiling their latest phones and wearables gadgets like foldable screens and the introduction of the 5G wireless networks. ....

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Bethesda Releases Retrospect Video as Microsoft Acquisition is Finalized

Bethesda Releases Retrospect Video as Microsoft Acquisition is Finalized
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Microsoft Acquisition of Bethesda Complete, Some Future Titles to be Xbox and PC Exclusive

Microsoft Acquisition of Bethesda Complete, Some Future Titles to be Xbox and PC Exclusive
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Microsoft to Hold Bethesda Briefing After Acquisition of Parent Company, Specific Details Yet to be Revealed

9 March 2021, 10:21 am EST By
After Microsoft s successful acquisition of Zenimax Media, Bethesda s parent company, a briefing will reportedly happen on Mar.11 through a video presentation. Details about the discussion are yet to be revealed, but it could tackle more about its transition as an Xbox studio.
Microsoft s Upcoming Bethesda Briefing on Thursday
(Photo : Corentin Detry from Pexels)
Microsoft is reportedly planning to hold a Bethesda briefing.
VentureBeat reported that an unknown source who knows Microsoft s plans said that the Redmond giant will hold a video presentation on Thursday, Mar. 11, to answer the questions about its involvement in the Xbox community. ....

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