MICROSOFT INTENDS TO ACQUIRE NUANCE COMMUNICATIONS
The media reports about Microsoft's intention to buy Nuance Communications. The relevant deal may be officially announced in the coming days. It will amount to $16 billion. The scope of Nuance Communications includes the production of software and equipment. The developments of this corporation were used in the creation of some programs for Apple. Nuance Communications' revenue has been declining for several years. In this situation, its management considered the purchase offer from Microsoft very relevant. This deal will be beneficial for both companies. Microsoft hopes to increase its customer base through Nuance Communications. This will especially affect such areas of activity as healthcare and telecommunications, as well as financial services. Microsoft has acquired several companies over the past five years in an effort to expand its business. So, in 2016, the LinkedIn network was purchased. Then GitHub and ZeniMax were acquired.