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 .”
War Secretary Pete Hegseth has unveiled Project Meridian, the Autonomous Warfare Command and four other DOW initiatives at Quantico.
The Coast Guard's Force Design 2028 execution is accelerating, with organizational changes completed and major contracts awarded.
TTM financed the Epiq purchase with a $300M Term Loan A and an $800M Term Loan B.
The Navy has awarded Booz Allen, CACI and five other companies spots on a potential $828 million IDIQ for business…
Masood Ahmed joins Peraton after about a decade at Leidos, where he most recently oversaw a federal health and civilian…
Serco will provide program management, engineering and logistics support for 10 mission functions across U.S. naval hubs.
The former ALL.SPACE Networks and L3Harris executive will lead C5MI business development, marketing and alliances.
President Trump has signed an executive order adopting super intelligence terminology and an accord on frontier model safety controls.
The five-year Alliant 2 award covers software development, operations and maintenance.
Booz Allen has appointed former Navy Task Force 59 Commodore Michael Brasseur as executive VP in its defense tech business.
The award covers logistics, maintenance and field support for Army C5ISR-M systems at 190 locations worldwide.
Tria Federal will support new VHA health care contracts and alternative payment model development under the task order.
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