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Tuesday, February 27, 2024
Home SOURCES: MICROSOFT IN ADVANCED TALKS TO BUY SPEECH TECHNOLOGY COMPANY NUANCE COMMUNICATIONS...

SOURCES: MICROSOFT IN ADVANCED TALKS TO BUY SPEECH TECHNOLOGY COMPANY NUANCE COMMUNICATIONS FOR ~$16B, OR $56 A SHARE, A 23% PREMIUM TO NUANCE’S FRIDAY CLOSE (BLOOMBERG)

Bloomberg:

Sources: Microsoft in advanced talks to buy speech technology company Nuance Communications for ~$16B, or $56 a share, a 23% premium to Nuance’s Friday close  —  – Price under discussion would value Nuance at $56 a share  — An agreement could be announced as soon as this week

Source

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