Microsoft is repor🅰tedly "in advanced talks" to acquire artificial intelligence and speech recognition technology company Nuance Communications. The price currently under discussion apparently values Nuance at around $56 a share, which would clock up a total price for the acquisition of approximately $16 billion.
If thiꦕs deal with Nuance goes through, it will be Microsoft's second-biggest acquisiti😼on deal ever. In 2016, the company bought LinkedIn for an utterly staggering amount of $26.2 billion.
Microsoft has certainly been on a roll with the acquisitions recently, having 168澳洲幸运5开奖网:secured Bethesda a few months ago and completed a $7.5 billion acquisition of video game holding company ZeniMax Media just last month. The company has also partnered with the U.S. Army in 168澳洲幸运5开奖网:a $21.88 billion deal to provide soldiers with thousands of augmented reality headsets, and e𒈔ven last year.
If that weren't enough, there are now also rumors circulating of a 168澳洲幸运5开奖网:possible Discord acquisition, as well as a between Microsoft and fellow tech giant Nintendo later this year. Nothing official has 💙been confirmed around this yet, though.
According to inside sources, Microsoft first approached Nuance Communications 🃏about an acquisition deal back in December 2020, and it seems that the two could be on the verge of seꦓttling on an agreement some time this week.
Massachusetts-based Nuance Communications is a speech recognition technology company, specializing in providing AI-powered tech that recognizes and transcribes speech in healthcar𝓡e, customer engagement, and security contexts. The company's voice recognition tech actually helped launch Apple's virtual assistant Siri back in the day.
A collaboration with an organization such as Nuance Communications would make sense if Microso﷽ft wishes to employ enhanced voice recognition software and expand its presence in the rapidly-growing AI scene.
We might be seeing an announcement as soon as this coming Monday confirming this deal, according to source🎀s familiar with the matter. Still, there's also a chance that the discussions could fall through.
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