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Microsoft planning to buy Nuance Communications, an artificial intelligence company for $16 billion

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Microsoft is in talks to acquire Nuance Communications, an artificial intelligence and speech technology company, for approximately $ 16 billion. This was reported by Reuters, citing an unnamed source “familiar with the matter.”

According to the informant, the agreement could be announced today. The developments of the American company Nuance are used in the Apple Siri voice assistant.

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In addition, the company produces software for various sectors of the economy – from healthcare to the automotive industry. The Nuance deal will mark Microsoft’s second-largest deal since the 2016 acquisition of LinkedIn for $ 26.2 billion.

(Via)


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