Microsoft Corp plans to buy a tech firm known for helping to develop Siri Company

Microsoft has officially announced the purchase of speech recognition technology developer Nuance, whose products have been used to create the Siri voice assistant in Apple devices. Purchase became the most expensive for Microsoft after the deal with LinkedIn

Microsoft has officially announced the purchase of Nuance, a company that develops artificial intelligence and voice recognition technologies. As part of the deal, Microsoft agreed to pay $ 56 per share, 23% more than Nuance was quoted on Friday. The total deal, including Nuance's debt, was $ 19.7 billion.

Microsoft shares on messages about the deal on Monday, as of 17.33 Moscow time, fell by 0.1% - to $ 255.6 per share. Nuance shares rose 16.4% to $ 53.07.

The Nuance acquisition will mark Microsoft's second-largest acquisition after a $ 27 billion deal with LinkedIn in 2016.