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 .”
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
The single-award IDIQ carries a $20 million minimum guarantee and a five-year ordering period.
Oddball has named Paul Baumgartner VP of federal health to lead growth and expand partnerships with CMS, HHS and other…
Everforth ECS secured the original SUNet contract in 2019, followed by a modification two years later.
Maddux previously served as vice president of global supply chain at Mercury Systems.
Chainalysis has named Eric Trexler, former Palo Alto Networks public sector SVP, as COO to lead global go-to-market operations.
The satellite company will expand dual-use spacecraft platforms and constellation manufacturing following a Series C round.
Under the contract modification, Oracle will continue supporting EHR deployment, training and sustainment through 2031.
Will Cocos previously served as Vantor's chief transformation officer and started his career as a U.S. Navy SEAL officer.
Unanet EVP Chris Crowder, a GovCon Expert, argues that govcons must prioritize enterprise value over revenue growth to build strength.
Claroty Public Sector GM Jen Sovada has explained how a unified platform could help agencies secure cyber-physical systems.
The Army will realign its drone assault battalion, shifting the unit to a core airborne infantry role after an exercise…
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