Microsoft buying Nuance in deal worth $19.7B

By The Associated Press

Posted April 12, 2021 8:43 am.

Last Updated April 12, 2021 8:54 am.

This article is more than 5 years old.

NEW YORK — Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion including debt.

Microsoft will pay $56.00 per share.

Microsoft’s acquisition of Nuance comes after the companies formed a partnership in 2019.

The transaction is expected to close this year.

The Associated Press

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