
Microsoft Procures Nuance Communication for $19.7 Bn


Nuance offers conversational AI and cloud-based medical and clinical intelligence for healthcare providers. Its solutions are utilised by more than 77 percent of hospitals in the USA and 75 percent of radiologists in the US. Furthermore, Nuance's Healthcare Cloud revenue has also experienced a 37 percent year-on-year growth. In India, Nuance has offices in Bengaluru and Pune, and employs close to 8,500 employees across the globe.
Nuance also offers virtual assistants, customer engagement solutions, biometric and digital solutions to firms all over the world across all industries. This expertise would come together with Microsoft's cloud that also adds Teams, Azure and Dynamics 365, to deliver effective customer engagement and security solutions. Thus, the combination of Nuance and Microsoft is expected to bring about a unique opportunity to deliver significant value to shareholders who have supported the organization in this journey.