General InformationNuance Communications is an AI software company headquartered in Massachusetts with over 1,000+ employees, founded in 1992 and now owned by Microsoft as of 2022.
Funding & FinancialsAcquired by Microsoft in October 2022 for approximately $20 billion, representing one of the largest AI-focused acquisitions in tech history.
Leadership & TeamMark Benjamin serves as President of Nuance (post-Microsoft acquisition); the company was previously led by CEO Mark Stevens before the acquisition.
Recent ActivitySince Microsoft's acquisition in 2022, Nuance has been integrated into Microsoft's enterprise cloud division, with continued development of conversational AI and healthcare transcription solutions leveraging Microsoft's infrastructure and AI research.