Nuance (NUAN) +2.8% after announcing its acquisition of Transcend Services (TRCR +39.6%), a...

|About: Nuance Communications, Inc. (NUAN)|By:, SA News Editor

Nuance (NUAN) +2.8% after announcing its acquisition of Transcend Services (TRCR +39.6%), a provider of medical transcription and speech editing services. Nuance claims the all-cash deal will add $140M-$150M to FY13 revenue, and $0.08-$0.09 to EPS. Transcend's offerings, which are focused on small and mid-sized hospitals, will complement Nuance's existing voice recognition solutions for the healthcare market.