Microsoft Nuance is in the forefront of communicating to communicate, an artificial intelligence agency that helped develop speech recognition technology. Apple’s Siri Virtual Assistant, As about 16 16 billion, called a source familiar with the matter Reuters.
The price of the agreed deal could be around $ 56 per share, the source said. 23% premium Compare with the closing price of the stock on Friday. They added that an official announcement could come as soon as Monday.
A source who spoke to Bloomberg, which First report News of a possible deal on Sunday said talks were ongoing and warned they could still fall apart.
While not exactly a household name, Nanance’s AI and Speech Recognition software is used in a variety of industries, from healthcare to automotive, and helps Apple’s voice assistant build the foundation of technological power.
Neither Microsoft nor Nuance has publicly confirmed this discussion, so it’s best to take all of these salt granules for now. But the two companies have a history of working together. In 2019, Microsoft Announcement A collaboration with Nuance to build technology that allows physicians to record conversations with their patients during visits and automatically relay that information to electronic medical records.
“The Microsoft partnership together will accelerate our ability to address the most challenging healthcare challenges,” Nuance CEO Mark Benjamin said at the time. “The surrounding technologies that we will jointly provide can improve productivity and professional satisfaction, and empower physicians to focus on how they do best: take care of patients.”
There are rumors that Microsoft has started spending a bit at the moment. It also keeps an eye on gaming-centric chat platforms Conflict Just over a few months after the video game holding company scooped up more than বিল 10 billion for Genimax Media. If the Nuvans deal happens, it would be Microsoft’s largest acquisition to date, second only to its purchase. LinkedIn ২০১ 2.2 billion in 2001.