Microsoft to Acquire Nuance Communications for $19.7 Billion: What You Should Know

Microsoft (NASDAQ: MSFT) announced this week an agreement to acquire Nuance Communications (NASDAQ: NUAN) for $56 per share in cash. Taking into account Nuance's debt, the deal represents an enterprise value of $19.7 billion. The tech giant agreed to pay this steep price to complete its second-largest acquisition ever, behind the $26.2 billion acquisition of LinkedIn in 2016, but the long-term benefits of the deal appear to be significant.