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The Capital Note -- Microsoft's Acquisition of Nuance Communications; A Second Go at Language Processing


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Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan, N.Y., October 26, 2016.
(Lucas Jackson/Reuters)
Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: the history of Nuance’s Dragon brand, J&J vaccine halted, Jack Ma capitulates, and W. Brian Arthur on “Economics in Nouns and Verbs.” To sign up for the Capital Note, follow this link.
Dragon 2.0
Yesterday, Microsoft announced a $16 billion acquisition of language-processing firm Nuance Communications, the latest in a string of big-ticket deals closed by CEO Satya Nadella, who spearheaded the purchases of LinkedIn and Github, among others. ....

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Microsoft will buy AI firm Nuance for $19.7 billion to bolster healthcare tech


Microsoft has agreed to buy Nuance Communications for $19.7 billion.
Microsoft intends to integrate Nuance’s technology into its healthcare-specific cloud strategy.
The acquisition is Microsoft’s second-largest after the $24 billion purchase of LinkedIn.
Microsoft has agreed to buy the AI and voice communications firm Nuance for $19.7 billion.
The deal, expected to close at the end of the year, would value Nuance at $56 per share, implying a premium of 23% to the stock’s closing price on April 9.
Nuance is Microsoft’s second largest acquisition after its $24 billion purchase of LinkedIn in 2016.
Nuance’s speech recognition engine is the basis for Apple’s voice assistant Siri, and the company has developed Dragon Naturally Speaking voice technology products. ....

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Technology key to exploring new frontiers of economic recovery, resilience: Satya Nadella


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Microsoft CEO Satya Nadella (left) and FICCI President Dr Sangita Reddy (right) at AI and the New Digital World Ahead session at 93rd AGM of FICCI. Photo/ANI
Technology key to exploring new frontiers of economic recovery, resilience: Satya Nadella
ANI |
Updated: Dec 12, 2020 15:13 IST
New Delhi [India], December 12 (ANI): Highlighting that technology is a key in exploring new frontiers of economic recovery, Microsoft Chief Executive Officer (CEO) Satya Nadella on Saturday said digital technology is being adopted at scale for core resilience, not only for future transformation but for business continuity.
The ability to use the digital tools and our built-in infrastructure and capability around the digital track is going to create resilience and transformation, Nadella said addressing the AI and the New Digital World Ahead session at FICCI s 93rd Annual General Meeting on a fireside chat with FI ....

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