Breaking news from Bloomberg, the Redmond giant appears to be in advanced talks to acquire Nuance Communications Inc. for 16 billion dollars. This is an Artificial Intelligence company that they have partnered with in the past dedicated to health.
Nuance Communications, Microsoft’s Next Goal
If this goes ahead, the purchase of Nuance would be the second largest acquisition in Microsoft’s history after LinkedIn. An opportunity for Microsoft to enter the healthcare market. We are going to detail a little more what this company does and why the Redmond giant is so interested in this company.
Nuance is best known for laying the foundation for technology that powers voice software Siri from Apple. In addition, they acquired the company Swype who was commissioned to create the first slide-out keyboard. But without a doubt, its greatest asset is working in the field of Artificial Intelligence with products such as:
- Dragon Mobile Assistant
The talks between the two companies are “ongoing”, according to the report and are not finalized. Nuance works with a variety of companies in vertical markets selling bespoke healthcare products, multi-channel solutions and voice recognition Dragon.
The relationship between the companies began in 2019 when both companies announced a strategic agreement to offer Clinical Environmental Technology (TCA). The two have indicated that they are working together on the Dragon Medical platform on Azure, Azure AI Services and ProjectEmpowerMD, as well as other conversational Artificial Intelligence technologies developed by the two companies. Last fall it was announced that Dragon Ambient Experience API it had been integrated with Microsoft Teams. At the moment it is a rumor from Bloomberg and Microsoft has not yet spoken about this rumor.