Microsoft in talks to acquire Siri speech recognition partner Nuance for $16B

Nuance Communications is allegedly in discussions with Microsoft over a potential acquisition of the voice recognition company, one that could value a technology provider behind voice analysis for Apple's Siri at approximately $16 billion.Discussions between the two companies are ongoing, but could result in an announcement for a deal in the next week, according to people familiar with the talks. The proposed price for Nuance is said to be roughly $56 per share, a 23% premium on Friday's closing price.The talks, told to Bloomberg by unnamed sources, could have major implications for Apple, due to Nuance's involvement with Siri. Apple used Nuance's voice recognition engine to enable its digital assistant to hear and understand user requests. Read more...