Simpson Thacher is representing Microsoft Corporation (NASDAQ: MSFT) in connection with its announced acquisition of Nuance Communications, Inc. (NASDAQ: NUAN) for $56 per share of Nuance stock, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. The transaction is intended to close this calendar year and is subject to satisfaction of customary closing conditions, including regulatory approvals.
Nuance is a trusted cloud and AI software leader representing decades of accumulated healthcare and enterprise AI experience, and is a leading provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers.
The Simpson Thacher team includes Alan Klein, Anthony Vernace, William Allen, Nicholas J. Marricco and Malik Ladhani (M&A); Lori Lesser, Vanessa Burrows, Corina McIntyre and Samuel Watters (IP/Privacy); Greg Grogan, Patricia Adams and Jake Phillips (Executive Compensation and Employee Benefits); Jonathan Goldstein and Eli Shalam (Tax); William Brentani (Capital Markets); and Krista McManus and Stephanie Brenner (Real Estate).