Microsoft is in talks to acquire AI and speech company Nuance Communications in a deal that would value the company at about $16 billion, Bloomberg reported Sunday. The Burlington, Massachusetts-based company’s technology helped launch Apple’s digital assistant Siri.
The two companies are discussing a price of about $56 per share, Bloomberg reported, a 23% premium over the stock’s close on Friday. The deal would be Microsoft’s second largest acquisition ever, after its…
Source CNET Tech