Acquiring Nuance would make sense for Samsung, says Oppenheimer After speculation arose that Samsung and private equity firms had held strategic discussions with Nuance lately, Oppenheimer thinks that Samsung has a strategic rationale to acquire Nuance. However, the firm notes that Samsung appears to be focusing more on small acquisitions than major acquisitions. Nonetheless, Oppenheimer believes Nuance could be acquired for $25-$30 per share. It keeps an Outperform rating on the stock.
Nuance names Ken Siegel as Chief Legal Officer Nuance Communications announced that it has appointed Ken Siegel as Chief Legal Officer to oversee Nuance's legal organization and operations. Bruce Bowden, who has served as interim General Counsel since 2015, will transition into a leadership role for Nuance's transformation initiative in addition to his current Corporate Strategy and Business Development leadership.