Microsoft could bolster Cloud for Healthcare with purchase of AI firm Nuance: Report
Update: Microsoft has confirmed the acquisition of Nuance Communications in an all-cash transaction valued at $19.7 billion.
Microsoft is in talks to buy Nuance Communications, makers of artificial intelligence and speech recognition software, according to a report from Bloomberg.
If an agreement is reached, it could reportedly value the publicly-traded Nuance at approximately $16B.
Microsoft and Nuance already partner together and have found ways to bring Nuance solutions into Microsoft's latest industry strategy.
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