Microsoft Closes $19.7B Cash Buy of Nuance Communications

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.”

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

State Department Clears Taiwan’s $1B FMS Requests for C2 & Weapons Systems, Helicopter Parts

The Department of State has approved eight foreign military sales requests to the Taipei Economic and Cultural Representative Office, or…

GAO: Bid Protests Dropped 6% in FY 2025

The Government Accountability Office reported that 1,688 bid protests were filed in fiscal year 2025 to challenge federal contract awards,…

DHA Awards $8.1B TRICARE Contract to Humana, Evernorth & Ipsos

The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…

Matthew Calderone Steps Down as Booz Allen’s CFO, Joins S&P Global Mobility

Matthew Calderone is stepping down from his role as executive vice president and chief financial officer of Booz Allen Hamilton,…

AMERICAN SYSTEMS Appoints Lauren Kilcoyne as COO

AMERICAN SYSTEMS has appointed Lauren Kilcoyne, an operations and program executive, as chief operating officer, effective Jan. 5. In this…

Acquisition Under Secretary Michael Duffey to Keynote 2026 Defense R&D Summit

Potomac Officers Club, the nation’s leading GovCon networking events organization, is excited to confirm Michael Duffey, under secretary of war…

Navy Issues RFP for Potential $350M ISR Systems Seabed to Space Multiple-Award Contract

The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…

Intel Taps Robin Colwell to Lead Government Affairs

Intel has appointed Robin Colwell, most recently deputy assistant to President Donald Trump, as senior vice president of government affairs…

Arcfield Closes Rite-Solutions Acquisition

Chantilly, Virginia-based government technology company Arcfield has finalized its acquisition of Rite-Solutions as part of a push to expand its…

Former CACI Executive Ravi Dankanikote Appointed Chief Growth Officer at SAIC

SAIC has appointed Ravi Dankanikote as chief growth officer, effective immediately. GovCon leaders and experts will be on hand at the Potomac…

Drone Dominance, Blue Lists and DAWG: Inside the War Department’s Unmanned Push

The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…

Tom Jackson Joins GRVTY as Chief Growth Officer

National security company GRVTY has appointed Tom Jackson, an aerospace and defense industry veteran, as chief growth officer. The company…

You’ve already read all related articles.

Executive Interviews