Microsoft buying Nuance in deal worth $19.7B

Microsoft
In this July 3, 2014, file photo, the Microsoft Corp. logo is displayed outside the Microsoft Visitor Center in Redmond, Wash. Microsoft will begin bringing workers back to its suburban Seattle global headquarters on March 29, 2021, as the tech giant starts to reopen more facilities it largely shuttered during the coronavirus pandemic. (AP Photo/Ted S. Warren, File)

NEW YORK (AP) — 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.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Microsoft (MSFT)
4.8862 of 5 stars
$406.66+2.2%0.74%35.21Moderate Buy$452.61
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