Microsoft finally buys Nuance for $19.7 billion

This morning the news was Microsoft's interest in acquiring Nuance, a company that among its successes included having formed part of the foundation and development of the technology that gave rise to Siri. And the day has not ended when we have learned that the purchase has been carried out

Microsoft Corp has finally purchased Nuance Communications and the two companies have announced the signing of a definitive agreement whereby Microsoft will acquire Nuance in an all-cash transaction valued at $19.7 billion dollars, an amount higher than what had been leaked.

The second most expensive purchase

The purchase assumes that Microsoft rmakes a payment of $56 per share, representing a 23% premium over the price closing date for Nuance on Friday, April 9. The transaction is intended to close this calendar year.

As we said, this purchase is the second largest by Microsoft after acquiring LinkedIn in 2016 for $29.2 billion. It adds to those carried out by ZeniMax Media, Bethesda's parent company and the interest in acquiring Discord. And in between, the interest on the part of the American company in buying TikTok or Pinterest has also been known.

Nuance is the company that acquired Swype, the famous mobile keyboard that saw Swiftkey take the lead with its keyboard, a company that in turn was acquired by Microsoft.In addition, Nuance is also the company behind Dragon software which has also been integrated into Swype to serve as a voice recognition assistant that learns based on your usage. we give.

Microsoft's objective with this purchase is to strengthen two of its divisions such as the medical one in which Dragon will be incorporated to improve the interactive customer service and of course, business, one of the pillars of the company where they want to bet on the use of Artificial Intelligence (that's where Nuance comes in) and the use of voice recognition for use in a large number of applications in terms of biometric solutions.

Via | Axios More information | Microsoft