Microsoft buying Nuance in deal worth $19.7B
Posted April 12, 2021 7:00 am
NEW YORK (AP) - Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion including debt.
Microsoft will pay $56.00 per share.
Microsoft's acquisition of Nuance comes after the companies formed a partnership in 2019.
The transaction is expected to close this year.
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