Fact · Dictation software
$19.7 billionUS dollars
Microsoft announced on 12 April 2021 that it would acquire Nuance Communications in an all-cash transaction valued at $19.7 billion, including Nuance's net debt.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt.”
Microsoft accelerates industry cloud strategy for healthcare with the acquisition of Nuance, Microsoft, 2021, Opening paragraph of the announcement, published 2021-04-12.
Open the original- What it measures
- The agreed price was $56.00 per share, a 23 percent premium to Nuance's closing price on 9 April 2021. Nuance sells speech recognition for professional and clinical use, which the announcement describes as cloud-based ambient clinical intelligence for healthcare.
- What it does not show
- This is the agreed transaction value, including net debt, not the equity price alone. The announcement is the buyer's own statement of the price; the completion date is a separate fact.
In the data
A row of History of Dictation Software: A Dated Timeline, as Microsoft acquires Nuance, 2021: 2,021 year.
- Event
- Acquisition
- Product
- Nuance speech recognition
- Maker
- Nuance Communications
- Date
- 2021-04-12
- Note
- Year taken from the announcement date in the claim (12 April 2021), because the quote gives only the $19.7 billion value. This is the announcement of an agreed deal, not its completion. Maker is the company whose speech business is sold; the buyer, Microsoft, is in the label. Segment left out because the fact does not say which kind of product it is.
A row of Voice AI Funding: Speech and Dictation Startup Rounds, as Microsoft buys Nuance, 2021: 19,700 million US dollars.
- Company
- Nuance Communications
- Deal
- Acquisition
- What the company makes
- Medical scribe or dictation
- Led by or buyer
- Microsoft
- Announced
- 2021-04-12
- Year
- 2021
- Note
- $19.7 billion is 19,700 million US dollars
Source
Used to calculate
- The timeline of dictation and speech recognition products dataset holds 39 data points, each a published figure traced to its source.
- The timeline of dictation and speech recognition products dataset draws on 35 distinct sources.
- In the funding rounds and acquisitions in speech recognition and dictation dataset, the 7 published figures for “Medical scribe or dictation” have a median of 50 million US dollars, ranging from 4.2 to 19,700.