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Microsoft has announced that it has entered into an agreement to acquire speech recognition and healthcare AI solutions and services leader Nuance Communications. The deal, which is estimated to be worth around $16 billion ($19 billion including debt), will augment Microsoft’s ability to assist medical professionals through its existing cloud-based healthcare solution, Microsoft Cloud for Healthcare. Nuance’s technologies and expertise will also be used to bolster Azure, Teams, Dynamics 365, and other Microsoft cloud products.
AI is technology’s most important priority, and healthcare is its most urgent application. Together with @NuanceInc, we will put advanced AI solutions into the hands of professionals to drive better decision-making and create more meaningful connections...
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