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NUAN - Nuance Communications, Inc.


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NUAN Profile

Nuance Communications, Inc. logo

Nuance Communications, Inc., trading under the ticker symbol NUAN, is a technology company that provides conversational artificial intelligence (AI) and speech recognition software and solutions to businesses and organizations worldwide. The company is headquartered in Burlington, Massachusetts.

Nuance Communications was founded in 1992 and has a long history of developing and delivering innovative AI and speech recognition technologies. The company's products and solutions include speech recognition, natural language understanding, transcription, virtual assistants, and customer engagement solutions, among others.

As of its most recent financial filings, Nuance Communications had revenues of approximately $1.5 billion and employed over 10,000 professionals across its various operations worldwide. The company's customer base includes a range of leading businesses and organizations in healthcare, financial services, telecommunications, government, and other industries.

Nuance Communications' operations are subject to a range of risks and uncertainties, including changes in market conditions, technological developments, and regulatory developments. The company also faces competition from other technology companies operating in its markets.

Investors considering an investment in Nuance Communications should carefully evaluate the company's financial performance, competitive position, and growth prospects. The technology industry is highly competitive, and the success of a company's technology solutions is uncertain.

Despite these challenges, Nuance Communications has established itself as a leading provider of conversational AI and speech recognition solutions, with a strong track record of innovation and collaboration with leading businesses and organizations in various industries. The company's diverse product and solution offerings provide a solid foundation for continued growth and profitability, and its experienced management team is well-equipped to navigate the challenges and opportunities of the technology industry. In 2021, Microsoft announced its intention to acquire Nuance Communications for $19



 

 
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