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 .”
The White House has announced over $6 billion in science initiatives, including $2.4 billion for the Genesis Mission Consortium.
Monahan joins HawkEye 360 from Lockheed Martin, where he led space protection programs.
OceanSound-owned ARA provides antennas and RF subsystems for defense, while Empower RF offers high-power solid-state RF amplifiers.
The Navy award runs through 2031 and the Air Force contract succeeds EY’s 2022 deal.
The satellite constellation builder has added a former Lyft executive and a Georgetown AI researcher as it ramps production.
Loyal Source Government Services CGO Heath Starr has been named chief revenue officer to lead its new four-division operating model.
Everfox CEO David Wajsgras has outlined the company's cross-domain and insider risk capabilities and its plans to pursue acquisitions.
Danny Deep has spent 25 years at General Dynamics and previously led its global operations and combat systems businesses.
DARPA has advanced Atom Computing, Diraq, IBM and IonQ to Stage C of its Quantum Benchmarking Initiative to test utility-scale…
Klapacz joins Oddball as the company shifts toward larger federal competitions.
Marion Kennedy, former senior VP at LMI, has joined Concurrent Technologies Corp. as vice president of digital mission solutions.
Yigit Guney, CLEATUS co-founder and a GovCon Expert, explains how capture teams can convert procurement forecasts into capture plans.
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