Artificial intelligence - Microsoft plans second largest acquisition

The US technology group Microsoft wants to bring the AI ​​specialist Nuance Communications on board for almost 20 billion dollars (16,8 billion euros) and thus achieve its second largest takeover after the career network LinkedIn in 2016. Microsoft announced on Monday that $ 56 would be offered per share. This equates to a premium of almost 23 percent on Nuance's closing price on Friday.

Nuance is best known for its speech recognition technology, on the basis of which Apple, among others, has built its Siri voice assistant. Microsoft and Nuance agreed a partnership two years ago. The Nuance share climbed almost 23 percent pre-IPO.

Software for hospitals

Microsoft wants to bring the deal, for which the Windows provider pays in cash, to the stage this year. With the acquisition, Microsoft wants to strengthen its cloud offering, which is specially geared towards the health sector. Nuance has set itself the goal of redesigning medical documentation with the help of AI-based speech recognition and has also developed a cloud solution for this. In this way, doctors should be able to record cases regardless of time and location. According to Microsoft, 77 percent of all US hospitals already use Nuance software. Microsoft CEO Satya Nadella described Nuance as a "pioneer" in the use of artificial intelligence in the real world.

Microsoft recently took over the gaming company ZeniMax Media, and reports indicate that the software giant is also interested in the messaging and meeting platform Discord. (apa, reuters)