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Report: Microsoft in Talks to Buy Nuance Communications for About $16 Billion

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
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Report: Microsoft in Talks to Buy Nuance Communications for About $16 Billion

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, Bloomberg News reported on Sunday.

An agreement could be announced as soon as this week, Bloomberg quoted people familiar with the matter as saying.

The price being discussed could value Nuance at about $56 a share, one of the people told Bloomberg, though the terms could still change.

Talks between Burlington, Massachusetts-based Nuance and Microsoft are ongoing and the discussions could still fall apart, the report added.

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Taiwan Raises 2025 GDP Growth Forecast to 4.45% on Strong Tech Exports

The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
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Taiwan Raises 2025 GDP Growth Forecast to 4.45% on Strong Tech Exports

The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO

Taiwan's economy is expected to grow faster in 2025 than previously forecast, the statistics agency said on Friday, as the island continues to reap the benefits of strong demand for tech and artificial intelligence-related products.

Taiwan's gross domestic product is now expected to expand 4.45% this year, according to the official forecast from the Directorate General of Budget, Accounting and Statistics, higher than the 3.1% it forecast in May.

Exports this year from Taiwan, a major producer of chips powering the AI surge, are predicted to expand by 24.04%, the agency said, upgrading sharply a previous forecast of 8.99%.

The optimistic outlook comes even after US President Donald Trump imposed a 20% tariff on Taiwan goods, Reuters reported.

Taiwan's government has said the 20% tariff is "temporary" as it continues to negotiate with the US for more favorable rates.

Gross domestic product expanded by a revised 8.01% in the second quarter from a year earlier, compared with a preliminary 7.96%, the statistics agency said.

It also lowered the forecast for the consumer price index (CPI) to 1.76% from 1.88% previously.