Microsoft to acquire Nuance Communications for $19 billion

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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.

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