Google is teaming up with Nuance to acquire the software giant’s cloud and data services business.
The deal, announced Thursday, includes $100 million in cash and stock, Nuance’s existing business, as well as a $10 million grant from Google Ventures to support future Nuance acquisitions.
Google said the deal will create an “unparalleled digital and mobile services company.”
Nuance was founded in 1991 and is based in California.
It also announced that it will be creating new digital services teams in Boston, New York, and Seattle, where it also has offices.
The companies will combine their expertise in creating and delivering cloud services, data and analytics tools to customers.
The deal was completed as part of Nuance Capital’s $100 billion investment round.
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