Microsoft to buy Nuance?
Microsoft is in advanced talks to buy Nuance Communications according to Bloomberg News
- talks could value the company about $56/share
- Nuance closed Friday at $45.58, implying about a 23% premium
- Nuance uses artificial intelligence solutions to offer speech recognition (i.e. Siri) and natural-language interfaces through a variety of fields, particularly medicine
- has a market capitalization of about $13B.