In the latest development, Microsoft has announced the acquisition of Nuance Communications, in an all-cash transaction valued at $19.7 billion, inclusive of net debt. As a part of the deal, the Redmond tech giant will pay $56 per share for Nuance, a 23% premium over the closing price of Nuance on Friday, April 9. The … Continue reading "Microsoft bets big on healthcare; buys AI speech tech company Nuance for $19.7 Billion"
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