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Microsoft to Buy Nuance Communications for $16 Billion

By Martin Peers
· · Source: The Information

Microsoft is buying Nuance Communications, which specializes in services using conversational AI, for $16 billion in cash plus assumption of several billion dollars in debt. Nuance, founded in 1992, sells medical transcription and other automated services to the health care industry, as well as financial services and telecom companies, according to its securities filings. The company’s revenue...

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