Microsoft to buy AI firm Nuance Communications in $19.7 bln deal
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MONDAY, JANUARY 30, 2023
Microsoft to buy AI firm Nuance Communications in $19.7 bln deal

Global Economy

Reuters
12 April, 2021, 06:35 pm
Last modified: 12 April, 2021, 06:37 pm

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Microsoft to buy AI firm Nuance Communications in $19.7 bln deal

Microsoft's offer price of $56 per share is at a premium of 22.86% to Nuance's last close of $45.58

Reuters
12 April, 2021, 06:35 pm
Last modified: 12 April, 2021, 06:37 pm
Microsoft did not mention how many users were affected by this outage but mentioned that they were working on a fix and investigating the issue. Photo: Collected
Microsoft did not mention how many users were affected by this outage but mentioned that they were working on a fix and investigating the issue. Photo: Collected

 Microsoft Corp said on Monday that it will buy Nuance Communications Inc in a $19.7 billion deal, as it looks to bolster its suite of enterprise applications with the artificial intelligence firm's advanced speech technology.

Microsoft's offer price of $56 per share is at a premium of 22.86% to Nuance's last close of $45.58.

Tech / World+Biz

Microsoft

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