Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source
- 3 years ago
Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter.
The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.
Bloomberg News, which first reported the deal between Nuance and Microsoft, said bloom.bg/2Qgfm7e talks are ongoing and the discussions could still fall apart.
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