About: http://data.cimple.eu/news-article/78bbc251649a230a7961e051b4d84b72e97d6a6e1923eb5651b57039

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rdf:type	schema:NewsArticle
schema:articleBody	Microsoft will acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering its healthcare offerings, the tech giant announced Monday. Nuance's technology is used extensively in medical records and is currently employed in more than three-quarters of US hospitals, Microsoft said in a news release. The transaction is all-cash and the sum includes Nuance's net debt. The deal comes on the heels of Microsoft's 2016 purchase of LinkedIn for $27 billion and represents "the latest step in Microsoft's industry-specific cloud strategy," Microsoft said. Like other technology heavyweights, Microsoft has been a big beneficiary of the economic dislocations during Covid-19. The company's earnings jumped by 33 percent in the latest quarter to $15.5 billion and included a boost from cloud computing and personal computing, including its Xbox video games. Nuance's technology is currently used by more than 55 percent physicians and 75 percent of radiologists in the United States. Microsoft said the deal would double its potential healthcare market to nearly $500 billion. "AI is technology's most important priority, and healthcare is its most urgent application," Microsoft Chief Executive Satya Nadella said. "Together, with our partner ecosystem, we will put advanced AI solutions into the hands of professionals everywhere to drive better decision-making and create more meaningful connections, as we accelerate growth of Microsoft Cloud for Healthcare and Nuance." Shares of Nuance surged 19.2 percent to $54.32 in pre-market trading, while Microsoft edged up 0.2 percent to $256.24. jmb/hs
schema:headline	Microsoft to buy artificial intelligence firm Nuance for $19.7 bn
schema:mentions	Ecosystem Satya Nadella Cloud computing Xbox LinkedIn Microsoft Artificial intelligence United States Coronavirus disease 2019 Nuance Communications Mark Roebuck
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	69 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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