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 .”
Serco Inc. has agreed to acquire QinetiQ US for $292 million to expand its engineering, naval and space work for…
The appointment follows the resignation of Jensen Huang, who was reportedly involved in a relationship with an alleged Chinese spy.
Find answers to common questions about the Navy’s drone efforts, including the MUSV program and how industry can participate.
CTC has appointed Dirigo Strategic Managing Director Brian Bontempo and former NSA CIO Hal Smith to its technical advisory board.
The Starbase site will generate its own power, with a tax abatement up for consideration Dec. 9.
Outlook's Shadow UGV can support intelligence missions and mobile communications and operate for 30 to over 45 days.
As defense tech CTO, Mahoney will oversee electro-optical/infrared payloads, radio frequency antennas, sensors and autonomous systems.
GDIT’s Navy IDIQ contract ceiling went up by $56 million to $154.5 million to support consolidation of legacy IT help…
Broadcom Chief Security Strategist Manoj Sharma has urged agencies to continuously monitor identities and endpoints as AI use grows.
Northrop Grumman Senior Director Kate Insley has joined CRDF Global’s board, bringing over 20 years of security policy experience.
Proposals are due Dec. 11, with three to six awards planned.
NRL has issued a solicitation for SESPD III, a potential $130 million spacecraft electronics prototyping IDIQ, with bids due Dec.…
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