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Microsoft wins U.S. antitrust okay for $16 billion purchase of Nuance

WASHINGTON (Reuters) - Microsoft Corp has won U.S. antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications Inc, according to a filing made by Nuance to the government. The $16 billion deal, which was announced in April, came after the companies partnered in 2019 to automate healthcare administrative work, such as documentation.

mobile.reuters.com ,  18d 0
Microsoft wins U.S. antitrust okay for $16 billion purchase of Nuance

Is Microsoft’s move into Healthcare the first of many for big tech?

In early April, Microsoft (MSFT) announced a blockbuster $19.7-billion acquisition of Burlington, Massachusetts-based healthcare-focused cloud and AI provider Nuance Communications (NUAN).“Nuance provides the AI layer at the health care point of delivery and is a pioneer in the real-world application of enterprise AI,” Microsoft CEO Satya Nadella said of the acquisition.

thepeterboroughexaminer.com ,  1m 0
Is Microsoft’s move into Healthcare the first of many for big tech?

Microsoft’s acquisition of Nuance signals a trend of industry-specific acquisition

While some of the powerhouses of the past 30 years have struggled, leaders such as Microsoft, Google, Facebook, and Apple have gone from strength to strength.This deal by Microsoft further shows it exerting its muscle by paying a premium for industry-specific dominance.Interest rates are low.

zdnet.com ,  2m 0
Microsoft’s acquisition of Nuance signals a trend of industry-specific acquisition

Microsoft doubles down on healthcare and conversational AI with purchase of Nuance

For the past 15 years, Nuance has been the largest independent speech recognition vendor servicing healthcare and enterprise customer service markets.With this acquisition, Microsoft gets serious healthcare chops, an arsenal of conversational AI assets (including voice biometrics), digital customer service technologies, and other assets like vehicle telematics and dictation.

zdnet.com ,  2m 0
Microsoft doubles down on healthcare and conversational AI with purchase of Nuance

Latest Microsoft megadeal ropes in Simpson Thacher, Paul Weiss and Kirkland

Microsoft's M&A appetite is keeping Simpson Thacher & Bartlett lawyers busy again.The software giant announced Monday that it will buy healthcare artificial intelligence platform Nuance, which is being represented by Paul, Weiss, Rifkind, Wharton & Garrison.Nuance's financial advisor Evercore is being represented by Kirkland & Ellis.

mobile.reuters.com ,  2m 0
Latest Microsoft megadeal ropes in Simpson Thacher, Paul Weiss and Kirkland

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

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 pioneering speech technology and helping to launch Apple’s virtual assistant, Siri, operates in 28 countries and reported revenues of $1.5bn in its last full financial year.

theguardian.com ,  2m 0
Microsoft to buy AI and speech technology firm Nuance for $16bn

Why Nuance? Microsoft is making a $19.7 billion bet on ambient digital healthcare

Nuance's technology uses voice recognition, AI and natural language processing to streamline healthcare processes.Nuance will bolster Microsoft's Cloud for Healthcare significantly.Microsoft's move to pay $19.7 billion in cash for Nuance Communications is a bet that it can be a digital healthcare operating system that pulls its cloud portfolio into an industry being transformed.

zdnet.com ,  2m 0
Why Nuance? Microsoft is making a $19.7 billion bet on ambient digital healthcare

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

By Press Association 2021 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 billion), including debt.

heraldseries.co.uk ,  2m 0
Microsoft buying speech recognition company Nuance in deal worth £11.6bn

One dead in shooting near Paris hospital

Police in Paris are hunting for a gunman who opened fire near a hospital in the wealthy 16th district of the French capital, killing one person and injuring another.Paris police said the gunman fired several shots before fleeing on a two-wheeled vehicle.Gallery 2 Police had no other immediate details.

belfasttelegraph.co.uk ,  2m 0
One dead in shooting near Paris hospital

Why Microsoft Just Paid $20 Billion for Nuance

Microsoft Corp. (NASDAQ: MSFT) on Monday announced that it will acquire speech recognition software maker Nuance Communications Inc. (NASDAQ: NUAN) in an all-cash deal valued at $19.7 billion.The deal is second in size only to Microsoft’s $26.2 billion acquisition of LinkedIn in 2016.

247wallst.com ,  2m 0
Why Microsoft Just Paid $20 Billion for Nuance

Microsoft in ‘advanced talks’ to buy AI and speech tech company Nuance

Price being discussed could value Nuance at about $56 a share, source says Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc according to people familiar with the matter.An agreement could be announced as soon as this week, said the people, who asked not to be identified because the information is private.

irishtimes.com ,  2m 0
Microsoft in ‘advanced talks’ to buy AI and speech tech company Nuance

Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source

(Reuters) -Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter.The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.

mobile.reuters.com ,  2m 0
Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source