It’s official: Microsoft (MSFT) is buying Nuance (NUAN) for $16 billion—and the purchase makes complete sense for Wedbush analyst Dan Ives, who considers the move a “no-brainer.” “Given the strong strategic relationship between Microsoft and Nuance on the healthcare front, a linchpin behind this deal would be Nuance's next generation DAX initiatives in our opinion,” said Ives. “Based on our recent March checks we believe DAX adoption could be even quicker than we had been anticipating, as the value proposition behind this next generation AI platform appears to be resonating with the healthcare installed base across the board.
https://www.tipranks.com/news/article/wedbush-nuance-acquisition-a-no-brainer
Nuance Communications (NASDAQ:NUAN)
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