|Bid||0.00 x 42300|
|Ask||0.00 x 321800|
|Day's Range||55.98 - 56.00|
|52 Week Range||40.75 - 56.00|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 07, 2022 - Feb 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Nuance® Communications, Inc. announced an expansion of its next-generation ambient AI capabilities for diagnostic imaging. The expanded capabilities will include enhanced AI-powered reporting features in the Nuance PowerScribe platform that will empower radiologists to create highly accurate reports in less time and with more clinically valuable structured data.
The acquisition of Nuance Communications, valued at $19.7 billion, is second-largest deal made by Microsoft Corp. after its purchase of LinkedIn for $26.2 billion in 2016.
American tech giant Microsoft has made a major push into artificial intelligence this week, closing its deal to acquire AI pioneer Nuance Communications Inc. The buyout will cost Microsoft $19.7 billion in an all-cash deal, and the company will take all of Nuance's net debt as part of the terms. The short answer is because Nuance's technology, which includes electronic health records, virtual assistance and a host of other health care simplifying tools are projected to bring Microsoft's share of the total addressable market to $500 billion.