REDMOND, Wash., March 4, 2022 /PRNewswire/ -- Microsoft Corp
(Nasdaq: MSFT) on Friday announced the completion of its
acquisition of Nuance Communications Inc. (Nasdaq: NUAN), 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."
As digital transformation accelerates, organizations in every
sector across the globe can address challenges that will have a
fundamental impact on their success — from reducing clinician
burnout and enhancing early detection and treatment of disease in
healthcare to creating personalized customer experiences and
supporting employees' productivity and well-being in financial
services, retail and telecommunications. Microsoft and Nuance
cloud-based AI solutions can help meet business goals and address
organizations' most pressing needs. In addition, Microsoft and
Nuance can strengthen organizations' ability across industries to
scale their impact by offering the services consumers, patients and
employees rely on, when or where they need them.
"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. "As Microsoft and Nuance come
together as one organization, we are excited about the
opportunities ahead for our technology, employees, customers and
partners."
Mark Benjamin will remain CEO of
Nuance and report to Microsoft Cloud + AI group Executive Vice
President Scott Guthrie.
Microsoft (Nasdaq "MSFT" @microsoft) enables digital
transformation for the era of an intelligent cloud and an
intelligent edge. Its mission is to empower every person and every
organization on the planet to achieve more.
Trademark reference: Nuance and the Nuance logo are registered
trademarks or trademarks of Nuance Communications, Inc. or its
affiliates in the United States and/or other countries.
All other trademarks referenced herein are the property of their
respective owners.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/microsoft-completes-acquisition-of-nuance-ushering-in-new-era-of-outcomes-based-ai-301495700.html
SOURCE Microsoft Corp.
