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Microsoft to buy AI and speech technology firm Nuance for $16bn

Microsoft to buy AI and speech technology firm Nuance for $16bn

Microsoft’s offer of $56 a share represents a premium of 22.86% on Nuance’s most recent closing price. Photograph: Swayne B Hall/AP Microsoft is to buy the artificial intelligence and speech technology firm Nuance Communications for about $16bn (£12bn), as it builds up its cloud-computing operation for healthcare and business customers. Nuance, known for...

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