Latest Breaking News On - பென்சில்வேனியா சட்டம் - Page 7 : comparemela.com

10 Microsoft Corp. has agreed to buy artificial intelligence company Nuance Communications Inc. for $16 billion, extending chief executive Satya Nadella s run of big acquisitions to accelerate growth in everything from healthcare to videogaming. Microsoft said Monday it would pay $56 per Nuance share, a 23% premium over Friday s closing price, in a bet on the growing demand for digital tools within healthcare. The all-cash deal is Microsoft s second largest acquisition under Mr. Nadella. The company in 2016 spent about $26 billion for professional network LinkedIn Corp. Mr. Nadella s deal making has taken off since that landmark purchase. Microsoft has undertaken more than 100 acquisitions in the past four years, according to data provider Dealogic, committing more than $26 billion not including the Nuance deal.

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