Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 10/05/2021 12:03 
12.04.2021 17:27 News >> Microsoft To Buy Nuance Communications For $19.7B

Microsoft To Buy Nuance Communications For $19.7B

Deal to provide Microsoft advantage in cloud, AI software in healthcare sector where Nuance is active.

American technology major Microsoft has entered into a definitive agreement with Nuance Communications to buy the computer software technology corporation for $19.7 billion, according to a joint statement on Monday.
Microsoft will pay Nuance $56 for its shares in an all-cash transaction that includes Nuance's net debt as well.
The deal is expected to provide Microsoft an advantage in cloud and AI software in the healthcare sector where Nuance is active. Microsoft introduced a cloud platform for the healthcare industry last year when the world was hit by the coronavirus pandemic.
"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," the statement said.
"Nuance's Healthcare Cloud revenue experienced 37% year-over-year growth in Nuance's fiscal year 2020 (ended September 2020)," it added.
Microsoft CEO Satya Nadella said: "AI is technology's most important priority, and healthcare is its most urgent application."
Nuance CEO Mark Benjamin said his company has been focusing on healthcare and enterprise AI segments for the last three years. "To seize this opportunity, we need the right platform to bring focus and global scale to our customers and partners to enable more personal, affordable and effective connections to people and care," he said.
While Microsoft shares were slightly down 0.3% in US market on Monday 40 minutes after opening bell, Nuance shares soared 16% to $53.2 on the Nasdaq. -



        Latest News
Director Of Al-Aqsa Mosque Appeals For Help Amid Israeli Attacks -51 minutes ago...
'Extremist Jews will not enter Haram al Sharif before trampling on our bodies,' says Sheikh Omar al Kiswani through speakers.
Iran Condemns Attack On Its Consulate In Iraq's Karbala -21 minutes ago...
Iraqi protestors gathered outside Iranian Consulate in Karbala on Sunday evening, burning tires and setting barricades ablaze.
Yemeni Nobel Peace Laureate Condemns Israeli Attacks On Al-Aqsa Mosque -6 minutes ago...
Hundreds of Palestinians injured when Israeli police stormed Al Asqa Mosque on Monday.
China Links Kabul Bombings To 'Abrupt US Withdrawal' -6 minutes ago...
At least 58 people killed in Kabul bombings near school on Saturday, triggering widespread condemnation.
Turkey's Unemployment Rate At 13.1% In March -51 minutes ago...
Figure diminishes 0.1 percentage point from previous month, according to TurkStat.

 
      Top News
OIC's Human Rights Body Condemns Israel For 'War Crimes' OIC's Human Rights Body Condemns Israel For 'War Crimes'
Suicide Attack In Somali Capital Kills 6 Suicide Attack In Somali Capital Kills 6
Westbrook Ties Robertson's Record With 181St Career Triple-Double Westbrook Ties Robertson's Record With 181St Career Triple-Double
3 Terrorists Neutralized In Southeast Turkey 3 Terrorists Neutralized In Southeast Turkey
Turkey's Erdogan Issues Message On Europe Day Turkey's Erdogan Issues Message On Europe Day
Bangladesh Condemns Attack On Muslims At Al-Aqsa Mosque Bangladesh Condemns Attack On Muslims At Al-Aqsa Mosque
US Peace Negotiator Demands Taliban Shun Violence US Peace Negotiator Demands Taliban Shun Violence
Turkey 'Strongly' Condemns Israel's Violence In Jerusalem Turkey 'Strongly' Condemns Israel's Violence In Jerusalem
Musician Roger Waters: Israel Is Apartheid State Musician Roger Waters: Israel Is Apartheid State
Drone Attack Targets Military Base Housing US Troops In Iraq Drone Attack Targets Military Base Housing US Troops In Iraq