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Microsoft buying speech recognition company Nuance in deal worth £11.6bn

Microsoft buying speech recognition company Nuance in deal worth £11.6bn

A Microsoft office in New York (Swayne B Hall/AP) Microsoft is buying speech recognition company Nuance in a deal worth about 16 billion US dollars (£11.6 billion). It will pay 56.00 dollars (£36.31) per share cash, a 23% premium on Nuance’s Friday closing price. The companies value the transaction at 19.7 billion dollars (£14.3...

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Microsoft New York Nuance Redmond Swayne B Hall Washington

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