Microsoft to acquire Nuance Communications for about £1.64 billion

In an announcement on Monday, Microsoft Corp (NASDAQ: MSFT) said it will acquire Nuance Communications Inc. (NASDAQ: NUAN) for roughly £11.64 billion. Bringing the artificial intelligence and speech technology company under its umbrella, Microsoft said, will help it expand its footprint in the cloud business, particularly for healthcare and enterprise customers. Nuance shares jumped a […]