Microsoft reportedly in talks to purchase AI and speech technology firm Nuance Communications Apr 12, 2021, 10:54 AM
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Bloomberg News reported that Microsoft is in advanced talks to acquire AI voice company Nuance Communications.
The deal would reportedly value Nuance at $16 billion, a 23% premium to Friday s close.
Nuance Communications voice-technology was the framework for Apple s Siri.
Microsoft is negotiating a deal to buy Nuance Communications, an artificial intelligence and speech technology company, according to a report from Bloomberg News.
Bloomberg s anonymous sources said that the deal could be announced this week, and would value Nuance at roughly $56 a share. This would value the company at $16 billion, a premium of 23% where the stock closed on Friday, $43.58.
Microsoft reportedly in talks to purchase AI and speech technology firm Nuance Communications
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Microsoft Reportedly in Talks to Buy AI Firm Nuance Communications
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
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