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Data: CB Insights; Chart: Andrew Witherspoon/Axios

Microsoft is trying to leapfrog competitors like Google and Amazon as they face record antitrust scrutiny.

The big picture: The deals Microsoft has been eyeing are larger than its usual targets and bigger than those of its competitors.

Driving the news: Microsoft announced Monday it would buy Nuance Communications, a software company that focuses on speech recognition through artificial intelligence, in an all-cash transaction valued at $19.7 billion (including debt assumption).

  • This is Microsoft's second-largest acquisition, behind the $26.2 billion deal for LinkedIn in 2016.

Microsoft tried to buy TikTok's U.S. operations last year in a deal reportedly valued between $10 billion to $30 billion. Reports suggest it's in advanced talks with gaming chat app Discord for a deal worth more than $10 billion.

Go deeper

Updated Apr 12, 2021 - Technology

Microsoft buys Nuance for nearly $20 billion as it readies deal frenzy

Illustration: Aïda Amer/Axios

Microsoft announced Monday it would buy Nuance Communications, a software company that focuses on speech recognition through artificial intelligence, in an all-cash transaction valued at $19.7 billion (including debt assumption).

Why it matters: This is Microsoft's second-largest acquisition, behind the $26.2 billion deal for LinkedIn in 2016.

Kendall Baker, author of Sports
Apr 12, 2021 - Sports

Alex Rodriguez finalizing deal to buy Minnesota Timberwolves

Illustration: Aïda Amer/Axios

Alex Rodriguez and e-commerce billionaire Marc Lore have signed a letter of intent to purchase the NBA's Timberwolves and WNBA's Lynx from majority owner Glen Taylor.

Details: The price is expected to be in the $1.5 billion range, per ESPN. Taylor will maintain full control of both teams for two more years, before Rodriguez and Lore take over in 2023.