Microsoft to buy AI firm Nuance Communications for about $16 billion in healthcare push

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By Shannon in Business
Updated 3 years ago

(Reuters) -Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications (NASDAQ:NUAN) Inc for about $16 billion in cash, as it builds out its cloud strategy for healthcare. The deal comes as both companies, which partnered in 2019 to automate clinical administrative work such...

microsoft-to-buy-ai-firm-nuance-communications-for-about-16-billion-in-healthcare-push