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,As AI software gets better at parsing language and predicting medical needs, Nuance and Microsoft may be able to develop technology that searches for certain words in health records to make better suggestions to doctors for patient care. — AFP
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Microsoft Corp is making a massive bet on health-care artificial intelligence.
The software giant is set to buy Nuance Communications Inc, tapping the company tied to the Siri voice technology to overhaul solutions that free doctors from note-taking and better predict a patient’s needs. Microsoft may announce the deal as soon as Monday if talks are successful, according to people familiar with the matter.
The price being discussed could value Nuance at about US$56 (RM231) a share, a 23% premium to Friday’s close, said one of the people, who asked not to be identified because the information is private. Set to be Microsoft’s largest acquisition since LinkedIn Corp, the purchase would give Nuance an equity value of about US$16bil (RM66.21bil), data compiled by Bloomberg show.
Microsoft has been trying to make inroads into the healthcare sector, selling more cloud software to hospitals and doctors. It has been working with Nuance for two years on AI software that helps clinicians capture patient discussions and integrate them into electronic health records, and combining the speech technology company’s products into its Teams chat app for telehealth appointments.
The “Nuance deal would be a trophy for Redmond”, said Wedbush *** yst Dan Ives, referring to Redmond, Washington-based Microsoft. “Nuance is in the midst of an unprecedented strategic turnaround the last few years under the leadership of CEO Mark Benjamin and we believe the company represents a unique asset on the healthcare front for Microsoft.”
Under Benjamin, Nuance has narrowed its focus and separated peripheral businesses, such as Cerence Inc, the automotive AI unit that was spun off two years ago. It also sold its imaging division to Thoma Bravo’s Kofax for US$400mil (RM1.65bil), and zoomed in instead on partnerships with healthcare providers and the biggest electronic medical records companies.
A representative for Microsoft declined to comment. A spokesperson for Nuance, based in Burlington, Massachusetts, didn’t immediately respond to a request for comment.
Nuance’s shares have climbed 3.4% this year, giving the company, which laid the groundwork for the technology used in Apple Inc’s Siri, an almost US$13bil (RM53.79bil) market value. The gain still trailed the 9.9% jump in the S&P 500 Index, while Microsoft added 15%.
As AI software gets better at parsing language and predicting medical needs, Nuance and Microsoft may be able to develop technology that searches for certain words in health records to make better suggestions to doctors for patient care.Allbet Gaming声明:该文看法仅代表作者自己，与www.allbetgame.us无关。转载请注明：buy apple developer account ：Microsoft makes big bet on healthcare AI technology with Nuance