Microsoft to buy AI firm Nuance Communications
The $19.7 billion deal seeks to bolster cloud strategy for healthcare
Nuance is known for helping in launch of Apple Inc’s assistant Siri
Both companies have earlier partnered in 2019 to automate clinical administrative work
Shares of Nuance rose nearly 23% in pre-market trading
The acquisition would be second biggest for Microsoft
Microsoft in 2016 bought LinkedIn for $26.2 Billion, its largest acquisition so far
