Microsoft (Nasdaq: MSFT) has closed its approximately $19.7 billion cash acquisition of artificial intelligence company Nuance Communications as both companies aim to offer cloud-based AI platforms.
Microsoft first announced the $56-per-share deal in April last year and the multinational technology company said Friday that Mark Benjamin will continue to lead Nuance as CEO.
Benjamin will report to Scott Guthrie, executive vice president of Microsoft’s cloud + AI group.
The combined organization intends to help customers manage business operations across multiple sectors such as the health care, financial services, retail and telecommunications industries.
Artificial intelligence will be the focal point of discussions at a March 10 in-person event to be hosted by ExecutiveBiz, sister site of ExecutiveGov. Click here to learn more about the forum, themed “Applying AI to Data for Cyber Hygiene and National Security .”
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
The small business RMAS contract carries a $1.5B ceiling, while the full-and-open PLS contract has a $6.09B ceiling over 10…
CACI reported an 8.2 percent revenue increase to $2.5 billion for Q1 FY27 and raised its fiscal 2027 revenue and…
Small businesses have until Dec. 4 to bid on a hybrid IDIQ supporting Goddard Earth science labs, with an award…
The Missile Defense Agency is extending Raytheon’s radar support contract two years and raising its ceiling to $2.99 billion.
Work on the Virginia-class submarine missile subsystem runs through 2028, with about 200 additional jobs expected.
Mikkelsen joins Anthropic as its $1 GSA OneGov pricing for Claude for Government approaches an Oct. 31 expiration.
Everfox’s High Speed Guard is designed to enable authorized data sharing between networks with different classification levels.
Brooks Consulting's Chuck Brooks, a GovCon Expert, examines the White House’s 2026 National Security Science & Technology Strategy.
Optiv + ClearShark's Michael Saintcross, formerly SVP of revenue, has been named president to lead the company's federal business.
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