…the acquisition is expected to bolster Microsoft’s ambitions into other sectors via AI tech.
Microsoft, the software tech giant reveals its intent to assign another major acquisition deal with a speech tech company, Nuance. Although the software company proposed a $16 billion deal, guarantees that Nuance will accept Microsoft’s offer remains vague. Still, both tech companies have transpired deep negotiations that their next meeting is expected to seal the deal which is scheduled for anytime soon.
While the public awaits comments from Nuance and Microsoft, the AI speech tech company will join the list of major deals successfully assigned by Microsoft. The software tech giant now represents Discord’s parent company — the deal was recently approved.
Still, Microsoft is yet to disclose its intent of acquiring this start-up company, including in-house members involved in the negotiations process. It is expected of Microsoft to completely buy out Nuance in respect to the possible advantages attached to being a subsidiary to the software tech giant, Microsoft.
Nuance services are centred on Artificial Intelligence software that guides speech recognition while it is expected of Microsoft to harness Nuance potential, imbibing their specialty with AI tools to other AI tech developed by Microsoft, the tech giant itself — a bolstered customer experience while accessing services provided by these tech companies.
Microsoft also intends to venture into the health sector whereby tech specialist expects this deals to outrightly bolster “Microsoft’s healthcare ambitions.” Meanwhile, before the potential acquisition proposed by the software tech giant, both companies have once initiated a consortium to further cloud-based healthcare projects — especially the accumulation of medical records derived from conversation transpired between a doctor and its patient.
Acquisitions are meant to unleash the full potential of the companies involved to their maximum or it could also be otherwise. Whereas, Nuance-owned public tech dubbed “Dragon Anywhere” is likely to be subjected to Microsoft — a voice detection software that picks out its user’s voice amid a multitude.
Just as expected, Nuance’s potential parent company will dictate every move of its subsidiary’s action whereby rebranding Nuance’s business operations. Surprisingly, both Nuance and Dragon Anywhere might get overhauled by Microsoft or merging their services into other products or services owned by Microsoft.