Microsoft Acquires Nuance
Microsoft (via Hacker News):
Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. Nuance is a trusted cloud and AI software leader representing decades of accumulated healthcare and enterprise AI experience. Mark Benjamin will remain CEO of Nuance, reporting to Scott Guthrie, executive vice president of Cloud & AI at Microsoft.
Microsoft has accelerated its efforts to provide industry-specific cloud offerings to support customers and partners as they respond to disruption and new opportunities. These efforts include the Microsoft Cloud for Healthcare, introduced in 2020, which aims to address the comprehensive needs of the rapidly transforming and growing healthcare industry.
Previously:
- macOS vs. Dragon Dictation
- Microsoft Acquires npm
- Will Apple Fill the Speech Recognition Void?
- Microsoft Acquires GitHub
- Microsoft Buys LinkedIn
- Minecraft to Join Microsoft
- OS X Dictation Alternatives