Software giant Microsoft announced today that it has acquired Nuance Communications in a $16 billion deal. Microsoft will acquire Nuance for $56 per share, denoting a 23% premium to the closing price of Nuance on Friday, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. Nuance provides tools powered by artificial […]
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Source: https://bankautomationnews.com/allposts/automation/microsoft-acquires-nuance-communications-for-16b/