Microsoft in talks to buy tech firm Nuance Communications stonk, Wallstreetbets say - MalkamDior.com
Nuance Communications, Inc. is definitely a stonk to watch because they are the pioneers in conversational AI innovations that bring intelligence to everyday work and life. It delivers solutions that understand, analyze and respond to people, amplifying human intelligence to increase productivity and security. The firm operates through the following segments: Healthcare, Enterprise, and Other.
The Healthcare segment improves clinical documentation, improve quality of care, minimize physician burnout, integrate quality measures and aid reimbursement. The Enterprise segment engages in multi-channel access to customer service from the businesses they interact with is driving demand for AI-powered omni-channel engagement solutions. The other segment includes SRS and Devices businesses. The company was founded in March 1992 and is headquartered in Burlington, MA.
(According to Bloomberg) -- "
That would value the equity of Nuance, which laid the groundwork for the technology used in
Talks are ongoing and the discussions could still fall apart, the people said. A representative for Microsoft declined to comment. A spokesperson for Nuance, based in
Nuance’s shares have climbed 3.4 percent this year, giving the company an almost
Microsoft, with a market value of more than
A deal for Nuance would rank as Microsoft’s second-largest acquisition, behind only the
Microsoft and Nuance have collaborated since 2019 on technologies to do things like allow doctors to capture voice conversations from patient visits and enter the data into electronic medical records." - ©2021