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Microsoft reportedly in talks to buy AI company Nuance Communications – Source CNET Tech

, Microsoft reportedly in talks to buy AI company Nuance Communications – Source CNET Tech, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing

Microsoft may be close to closing its second largest acquisition ever.


James Martin/CNET

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…

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