SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Return to Sender who wrote (86751)4/11/2021 7:26:19 PM
From: Sam2 Recommendations

Recommended By
Return to Sender
Sr K

  Read Replies (1) of 95616
 
This valuation is a little mind boggling to me.

Microsoft in advanced talks to buy Nuance for about $16 billion, announcement could come Monday
PUBLISHED SUN, APR 11 20214:07 PM EDTUPDATED SUN, APR 11 20214:30 PM EDT

excerpt:

Nuance would be more aligned with the part of Microsoft’s business that serves businesses and governments. Nuance derives revenue by selling tools for recognizing and transcribing speech in doctor’s visits, customer-service calls and voicemails. The company reported $7 million in net income on about $346 million in revenue in the fourth quarter, with revenue declining 4% on an annualized basis. Nuance was founded in 1992, with 7,100 employees as of September.

Microsoft first approached Nuance in December, the person said, and is willing to pay about $56 per share for Nuance, the person said. That would give Nuance an equity value of about $16 billion, representing a 23% premium over the stock’s Friday closing price of $45.58 per share.

more at cnbc.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext