Nuance Communications Inc. (NUAN) announced that it has acquired SpinVox, a provider of voice-to-text services to telecommunications companies across five continents. As per the terms of the deal, consideration for the transaction is about $102.5 million, comprising $66 million in cash and $36.5 million, or about 2.3 million shares, in Nuance common stock.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.