question archive Mergers and acquisitions are an important element of strategy and innovation
Subject:ManagementPrice: Bought3
Mergers and acquisitions are an important element of strategy and innovation. Please read the news from April 2021 that Microsoft is acquiring a company called Nuance for a whopping $16 billion. Not only is this a large sum of money by itself, it is 23% over and above the current market capitalization of Nuance, indicating that Microsoft is very eager to have Nuance in its stable. Please read about the acquisition, you can start here.
In this discussion, I am hoping to learn the following from you (tackle any item you like, in any combination):
Microsoft buys Nuance Communications in a $16 billion deal (cnbc.com)
Please write a 250 word discussion