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 .”
Magnet Defense, a developer of fully autonomous national security maritime platforms for fleet operations and missile defense missions, has signed a…
The U.S. Navy has awarded BAE Systems Maritime Solutions a firm-fixed-price contract valued at up to $255.9 million for fiscal…
The U.S. Space Force has awarded SpaceX nine task orders worth $739 million combined to provide Lane 1 launch services…
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
V2X has expanded its board of directors from seven to 10 members with the election of three new directors. Who…
Venturi, a Chenega company based in Huntsville, Alabama, has appointed Randy Centanni as vice president of business development. Centanni brings…
General Dynamics Mission Systems has appointed Chris Jaeger, a veteran of more than 30 years in the federal government, as vice…
The U.S. Air Force has awarded US Aviation Academy a 10-year, $835 million contract to provide initial pilot training, or…
The Department of Homeland Security intends to recompete a contract worth up to $100 million for geospatial information system software and…
Autonomous underwater vehicle provider Vatn Systems has acquired Crewless Marine, a move that brings advanced acoustic sensing and signal processing…
Insight Pacific has been awarded a position on an indefinite-delivery/indefinite-quantity contract by the U.S. Air Force, with a potential value…
Sabel Systems Technology Solutions has named GovCon industry leaders Tina Dolph, a four-time Wash100 awardee, and Blake Larson to its…
You’ve already read all related articles.
VIDEO 
