Friday, 24 March, 2023

Microsoft completes Nuance's $16B acquisition

<p>Microsoft has completed its $16B acquisition of Nuance, a speech recognition firm. Through Nuance&#39;s widely used medical dictation and transcription technologies, the deal lets Microsoft Corp. gain a firm position in the health-care business. After its $26B purchase of career networking firm LinkedIn in 2016, this is Microsoft&#39;s second-largest transaction. Nuance&#39;s AI tech powered Apple&#39;s Siri digital voice assistant upon its release more than a decade ago.</p>