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Microsoft buys Nuance for nearly $20 billion as it readies deal frenzy (www.axios.com)

submitted 3 years ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 years ago

A follow-up from VentureBeat with some implications on this deal:

"Nuance provides the AI layer at the health care point of delivery and is a pioneer in the real world application of enterprise AI"

"AI is technology s most important priority and health care is its most urgent application"

"The acquisition will double Microsoft s total addressable market TAM in the health care provider space bringing the company s TAM in health care to nearly 500 billion"

"Beyond health care Nuance provides AI expertise and customer engagement solutions across Interactive Voice Response IVR virtual assistants and digital and biometric solutions to companies around the world across all industries"

VentureBeat: Why Microsoft’s new AI acquisition is a big deal