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Microsoft to Acquire Nuance for $19.6 Billion in Health-Care Bet

  • Software maker will pay $56 a share and assume Nuance’s debt
  • Deal will ‘minimally’ decrease earnings in fiscal year 2022
Photographer: Simon Dawson/Bloomberg
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Microsoft Corp. is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping.

The software giant is offering to purchase Nuance at $56 a share, a 23% premium to Friday’s close, according to a statement Monday, which confirmed an earlier Bloomberg report. The deal marks Microsoft’s largest acquisition since LinkedIn Corp.