Microsoft Closes Nuance Deal
March 7, 2022
Microsoft
closed its acquisition of Nuance Communications., 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. |