Microsoft buys company that created Siri for $ 19,7 billion
Nuance, the Creator of Siri, is Selling!
Microsoft has come to the last part of the negotiations to buy Nuance Communications, a company that develops and produces voice recognition technologies, for $ 19,7 billion. Based in Massachusetts USA, Nuance was previously known for developing the voice recognition system of Siri, Apple's AI virtual assistant program.
According to the reports, Microsoft has agreed to pay $ 19,7 billion for Nuance Communications Inc. Official statements on the subject are expected to be announced on April 12 (today).
With the development of the artificial intelligence sector and the increasing interest in this field, large companies are starting to turn their investments in this field. In this context, Microsoft is preparing to buy the Nuance company, which has previously produced Siri, an artificial intelligence voice assistant application for Apple, and launched it with Apple. According to a statement made to Reuters by sources close to the subject, Microsoft is after Nuance Communications Inc, the company that helped Apple launch Siri. According to the statements made, Microsoft agreed to pay $ 56 per share of Nuance Communications Inc. If the deal is reached, the total sales price will be $ 19,7 billion, which will go down in history as the second-highest acquisition for Microsoft after the $ 26.2 billion Linkedln acquisition.
Nuance merged with its rival ScanSoft, a commercial large-scale speech application, in 2005. After ScanSoft acquired Nuance, its biggest competitor at the time, the two companies merged under the name "Nuance Communications". Thus, Nuance Communications reached the top in its industry.
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