Nuance

Microsoft announced Monday it would buy Nuance Communications, a software company that focuses on speech recognition through artificial intelligence, in an all-cash transaction valued at $19.7 billion USD. Nuance is best known for its Dragon family of speech recognition software, which employs deep learning models to improve its speech transcription accuracy over time. Microsoft has been investing in industry-specific cloud...

Nuance Communications Inc., the speech-recognition firm responsible for the technology powering Siri, is in talks with multiple parties — including Apple’s fiercest rival, Samsung — about a potential sale, according to sources speaking with the Wall Street Journal. Speech-recognition software maker Nuance Communications Inc. has held discussions with potential suitors regarding a sale of the...