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Microsoft acquires Nuance Communications

Microsoft has acquired Nuance Communications for approximately $ 20 billion. Nuance Communications develops conversational artificial intelligence, with a focus on healthcare. Among other things, it sells software for recognizing and transcribing speech during doctor visits. The valuation of just $ 20 billion, or $ 56.00 per...

Toshiba takeover process will be complex and will take time

On Friday, Toshiba's board responded to the unexpected takeover bid from CVC Capital Partners, which dispelled the hope that an acquisition will take place soon. On Wednesday, Toshiba announced that it had received a non-binding takeover proposal from CVC, which allegedly valued the Japanese company...

Despite good overall performance Credit Suisse posted losses: Archegos is to blame

Credit Suisse recorded a loss in the first quarter of 2021 due to the financial problems of the US hedge fund Archegos. This was reported by the Swiss bank on Tuesday morning. In the last quarter, the loss was expected to be 900 million Swiss...