Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source

(Reuters) -Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter. The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.

Link: Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source
via http://www.reuters.com

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