Microsoft Corporation announced its financial results for the first quarter of fiscal year 2025, surpassing analyst expectations on all major fronts. The company reported revenue of $56.5 billion, reflecting a 13% year-over-year increase, with net income soaring to $22.6 billion, a staggering 27% increase compared to the same quarter last year. This impressive performance has […]
Microsoft acquisition of Nuance Communications : Tech giant Microsoft has signed an all-cash deal worth $56 per share or $19.7 billion to acquire Nuance Communications, a cloud and AI software company. The consideration is inclusive of Nuance Communications’ net debt. Microsoft said that the acquisition expedites its industry cloud strategy for the healthcare sector. The […]
