Microsoft to acquire Nuance Communications for $19 billion
By Vivian in Business
Updated 3 years ago
April 12 (UPI) -- Microsoft announced Monday it has entered into a deal to acquire speech recognition company Nuance Communications. In a statement Monday, Microsoft said it would acquire Nuance for $56 per share, 23% above its closing price Friday, in a deal worth about $16 billion, and approximately $19 billion including debt.