Microsoft buying speech recognition company Nuance in deal worth £11.6bn

Microsoft buying speech recognition company Nuance in deal worth £11.6bn
A Microsoft office in New York (Swayne B Hall/AP)
Mon, 12 Apr, 2021 - 13:28
Associated Press Reporter

Microsoft is buying speech recognition company Nuance in a deal worth about 16 billion US dollars (£11.6 billion).

It will pay 56.00 dollars (£36.31) per share cash, a 23% premium on Nuance’s Friday closing price.

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