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Microsoft Is Reportedly in Talks to Scoop Up AI Firm Nuance Communications for $16 Billion – Gizmodo

Microsoft is in advanced talks to acquire Nuance Communications, an artificial intelligence firm whose speech recognition tech helped develop Apple’s Siri virtual…

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Microsoft is in advanced talks to acquire Nuance Communications, an artificial intelligence firm whose speech recognition tech helped develop Apples Siri virtual assistant, for as much as $16 billion, a source familiar with the matter told Reuters.
The deal price being negotiated could value Nuance at around $56 per share, the source said, a roughly 23% premium compared to the shares closing price on Friday. They added that an official announcement may come as soon as Monday.
A source that spoke…

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