Microsoft completes acquisition of Nuance, ushering in new era of outcomes-based AI

▤ Summary

"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. 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. 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 Nuances deep vertical expertise and proven business outcomes across healthcare, financial services, retail, telecommunications and other industries with Microsofts 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. Mark Benjamin will remain CEO of Nuance and report to Microsoft Cloud + AI group Executive Vice President Scott Guthrie.

▦ Linked Companies

Microsoft

$1B+