“Microsoft Corp on Friday announced the completion of its acquisition of Nuance Communications Inc., a leader in conversational AI and ambient intelligence across industries including healthcare, financial services, retail and telecommunications.”
“Driven by a shared vision to build outcomes-based AI, Microsoft and Nuance will enable organizations across industries to accelerate their business goals with our security-focused, cloud-based solutions infused with powerful, vertically optimized AI. Customers will benefit from enhanced consumer, patient, clinician and employee experiences, and ultimately improved productivity and financial performance.”
“’Completion of this significant and strategic acquisition brings together Nuance’s best-in-class conversational AI and ambient intelligence with Microsoft’s secure and trusted industry cloud offerings,’ said Scott Guthrie, executive vice president, Cloud + AI Group, Microsoft. ‘This powerful combination will help providers offer more affordable, effective and accessible healthcare, and help organizations in every industry create more personalized and meaningful customer experiences. I couldn’t be more pleased to welcome the Nuance team to our Microsoft family…'”
“’Combining the power of Nuance’s deep vertical expertise and proven business outcomes across healthcare, financial services, retail, telecommunications and other industries with Microsoft’s global cloud ecosystems will enable us to accelerate our innovation and deploy our solutions more quickly, more seamlessly and at greater scale to solve our customers’ most pressing challenges,’ said Mark Benjamin, CEO of Nuance…” Read the full press release here.
Source: Microsoft completes acquisition of Nuance, ushering in new era of outcomes-based AI – March 4, 2022. Microsoft.
