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
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.
