- Microsoft (NASDAQ:MSFT) is in advanced talks to buy Nuance Communications (NASDAQ:NUAN), Bloomberg reports.
- Those talks could value the company about $56/share. Nuance closed Friday at $45.58, implying about a 23% premium.
- A deal could come as soon as this week, according to the report.
- Nuance uses artificial intelligence solutions to offer speech recognition and natural-language interfaces through a variety of fields, particularly medicine.
- It has a market capitalization of about $13B.
- Nuance's latest earnings were a beat-and-raise and were accompanied by the acquisition of Saykara, a company focused on automating clinical documentation.