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merger UK’s Competition and Markets Authority (CMA) today announced that it is investigating the anticipated acquisition by Microsoft Corporation of Nuance Communications, Inc. Microsoft announced the $19.7 billion deal in April and has already gotten antitrust approval in … Google and Microsoft have also reportedly joined in the objection. Microsoft European Union reportedly set to unconditionally approve Microsoft's $16bn purchase of AI and speech company Nuance, firm's second-biggest buy to date When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. Consummation of the Merger is subject to certain conditions, including the satisfaction of certain regulatory approvals and other customary closing conditions. The transaction, which was expected to close this year, would be Microsoft’s second-largest deal, following the software giant’s $26 billion purchase of LinkedIn in 2016. ... Microsoft's $16bln Nuance bid set for EU antitrust approval - sources. The purchase of Nuance Communications is the second largest in Microsoft's history, after its acquisition of networking site LinkedIn in 2016. The UK's Competition and Markets Authority (CMA) has said it will look into Microsoft $16 billion acquisition of AI and speech technology firm Nuance Communications (Nuance). Find the best graphic design apps, whether you're a designer, a beginner using drawing apps, or just looking for a PDF editor or converter. $291.05 $292.88 10am 12pm 2pm 4pm. DEAL OVERVIEW. UK Competition Regulator to Probe Microsoft-Nuance Merger Deal. merger agreement, (iv) the effect of the announcement or pendency of the transaction on Nuance’s business relationships, operating results, and business generally, (v) risks that the proposed transaction disrupts current plans and operations of Nuance or Microsoft and potential difficulties in Nuance employee retention as a Microsoft set to acquire Nuance as antitrust period ends. The approval from … On April 12, 2021, Microsoft announced it entered into an agreement to buy Nuance Communications, Inc., a company specializing in speech technology and AI. – April 12, 2021 – Microsoft Corp (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) today announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash … merger agreement, (iv) the effect of the announcement or pendency of the transaction on Nuance’s business relationships, operating results, and business generally, (v) risks that the proposed transaction disrupts current plans and operations of Nuance or Microsoft and potential difficulties in Nuance employee retention as a Nuance Stock Forecast. Price Quote as of 8/17/2021 4:00:00 PM … Microsoft’s proposed A$27.6 billion acquisition of speech-to-text transcribing software Nuance is under investigation by the UK’s antitrust watchdog. 15/04/2021. Microsoft, an American multinational technology company agreed to acquire Nuance Communications, an American multinational computer software technology corporation, for $19.7bn. Democrats in Congress are taking aim at the pending $43 billion merger of WarnerMedia and Discovery, pushing the Justice Department to scrutinize the transaction on antitrust grounds. Intellizence offers the latest Merger & Acquisition (M&A) Deals Data for market intelligence, customer intelligence, sales intelligence, and risk intelligence purposes. Microsoft launched a cybersecurity skilling programme that aims to skill over one lakh learners by 2022 as part of efforts to address the skills gap and empower India's workforce for … Tech companies drop massive sums of money on acquisitions, like IBM's $34 billion Red Hat deal and Microsoft's $19 billion bid to acquire Nuance. Nuance solutions are currently used by more than 55% of physicians and 75% of radiologists in the U.S., and used in 77% of U.S. hospitals. Microsoft accelerates industry cloud strategy for healthcare with the acquisition of Nuance. Per the transaction terms, the Redmond, Washington-based company will acquire Nuance for $56 per share, implying a premium of approximately 22.86% from its close of $45.58 on Friday. In April, Microsoft announced that it agreed to acquire Nuance for $56 per share in an all-cash transaction worth $19.7 billion, including … Most of the focus in the announcement was on AI in healthcare, which makes sense because LONDON (AP) — British antitrust regulators are opening an investigation into Microsoft 's $16 billion acquisition of speech recognition company Nuance in the latest sign they're tightening scrutiny of big technology deals. The platform runs on Azure, a cloud computing service operated by Microsoft, which recently announced its intent to acquire Nuance for nearly $20 billion. Microsoft buys AI firm Nuance Communications for $19.7 billion. Nuance supplies speech recognition and transcription software primarily to the healthcare market, as well as customer engagement software that enables businesses to automate their customer service interactions. Microsoft announced the $19.7 billion deal in April and has already gotten antitrust approval in the United States and Australia. Microsoft has won antitrust approval to acquire AI and voice communications company Nuance. Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries REDMOND, Wash., and BURLINGTON, Mass. It is inviting comments, which closes on January 10, 2022. Nuance Communications is an artificial intelligence and speech recognition company, that Redmond said it was acquiring for $16 billion (£11.3bn) back in April this year. Microsoft agreed to purchase Nuance Communications for $16 billion, one of its biggest acquisitions under CEO Satya Nadella as the company looks to expand its range of software tools for customers. At 10am, stock value is 291.87, At 12pm, stock value is 291.22, At 2pm, stock value is 292.86. Headquartered in Burlington, Massachusetts, Nuance is widely known in the U.S. health-care space, but has room to grow overseas. GOV.UK: Microsoft Corporation / Nuance Communications, Inc. merger inquiry Richard Speed / The Register : British watchdog begins probing Microsoft's acquisition of AI speech specialist Nuance Mark Sweney / The Guardian : UK regulator to look at Microsoft takeover bid for AI firm Nuance ScanSoft was a Xerox spin-off that was bought in 1999 by Visioneer, … Nuance, which focuses on … Microsoft announced a $19.7 billion purchase of AI and speech technology company Nuance on April 12, 2021. The $19.7 billion acquisition of speech-to-text specialist Nuance by Microsoft, announced earlier this year, has attracted the attention of the U.K.’s active antitrust watchdog — which said today it’s taking a first look to assess whether there are reasons to be concerned about the proposed deal. The CMA is inviting comments from any interested party. Microsoft’s planned $16 billion acquisition of Nuance may have hit a stumbling block in the United Kingdom, where the country’s competition regulator is investigating the deal. Nuance specialises in artificial intelligence and speech recognition and helped to develop Apple’s Siri voice assistant. The Federal Trade Commission (FTC) yesterday sued to block Nvidia acquisition of Arm, a UK company that is currently owned by SoftBank of Japan. Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI. Microsoft has announced the acquisition of AI-based technology company Nuance Communications for $19.7 billion in an all-cash transaction. Microsoft’s $16B Nuance Communication Acquisition Nears EU Approval – Report December 13, 2021 TipRanks. We’ve spoken numerous times on the VUX World podcast about how we wouldn’t be surprised to see Microsoft make some acquisitions in the voice and conversational AI space. "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI. If the merger is approved and consummated, each existing NUAN Common Share will be converted into the right to receive $56.00 net cash per share. Microsoft agreed to purchase Nuance Communications for $16 billion, one of its biggest acquisitions under CEO Satya Nadella as the company looks to expand its range of software tools for customers. Research … Dragon 2.0. And on April 12th the firm announced that it would acquire Nuance, a speech-recognition specialist, for nearly $20bn in cash—its second-biggest acquisition ever. 8. Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI. Britain’s competition watchdog has launched an investigation into Microsoft Corp’s $16bn acquisition of artificial intelligence and speech … The $19.7 billion acquisition of speech-to-text specialist Nuance by Microsoft, announced earlier this year, has attracted the attention of … A decision on whether the Competition and Markets Authority […] Microsoft could face questions from the UK’s competition watchdog over the technology giant’s second largest takeover. CMA orders Facebook to sell Giphy. Yesterday, Microsoft announced a $16 billion acquisition of language-processing firm Nuance Communications, the latest in a string of big-ticket deals closed by CEO Satya Nadella, who spearheaded the purchases of LinkedIn and Github, among others. Microsoft’s goal is to utilize Nuance’s artificial intelligence (AI) solutions to deliver higher capabilities across healthcare and other industries. The UK's Competition and Markets Authority (CMA) has said it will look into Microsoft $16 billion acquisition of AI and speech technology firm Nuance Communications (Nuance). Microsoft made its second-biggest merger on record Monday with a $20 billion takeover of AI voice technology group Nuance. Microsoft Stock: Enjoying Strong Backing from … UK antitrust watchdog investigates Microsoft's Nuance deal. The latest opponent to Nvidia’s proposed $40 billion purchase of chip designer Arm is a powerful agency of the US government. 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microsoft and nuance merger