Cerence Inc. (CRNC) News

Cerence Inc. (CRNC): $91.17

-8.32 (-8.36%)

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CRNC News Highlights

  • For CRNC, its 30 day story count is now at 9.
  • Over the past 21 days, the trend for CRNC's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • ROAD, SIRI and GM are the most mentioned tickers in articles about CRNC.

Latest CRNC News From Around the Web

Below are the latest news stories about Cerence Inc that investors may wish to consider to help them evaluate CRNC as an investment opportunity.

Cerence: Prepare For Takeoff

Photo by metamorworks/iStock via Getty Images Investing in new technology names can be a risky proposition. However, it can also be highly rewarding if done right. It's important to balance between getting in early on these names and taking a "wait-and-see" approach on the profitability/viability of the business model. In...

Gen Alpha on Seeking Alpha | April 18, 2021

Cerence Named Company and Developer of the Year at 2021 Project Voice Awards; Takes Home Other Major Awards, Including Executive, Automotive Developer, and Outstanding Achievement of the Year

Industry recognition underscores Cerence’s rapid ascension as global leader and innovator for voice and conversational AIBURLINGTON, Mass., April 15, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it has been recognized with numerous 2021 Project Voice Awards, including Independent Voice/AI Company of the Year, Voice Developer of the Year, and Automotive Voice/AI Developer of the Year. In addition, Cerence CEO Sanjay Dhawan was named Voice/AI Executive of the Year. The Project Voice Awards honor global best-in-class achievement across voice technology and conversational AI. With its decades of experience in AI-driven voice technology as its foundation, Cerence set an aggressive pace of innovation in 2020, introducing a steady cadence...

Yahoo | April 15, 2021

Cerence Provides Dynamic Voice Recognition to Hyundai IONIQ 5, the Automaker’s First in its New Lineup of Battery Electric Vehicles

Cerence delivers conversational AI-powered access to key in-car functions and information, enhancing driver safety and convenience Hyundai IONIQ 5 Cerence powers Dynamic Voice Recognition in the new IONIQ 5 BURLINGTON, Mass., April 14, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Hyundai Motor Company has selected Cerence Drive, the world’s leading technology and solutions portfolio for mobility, to power Dynamic Voice Recognition in the new IONIQ 5 all-electric, midsize CUV, the first model in the automaker’s new brand of battery electric vehicles (BEV). Leveraging Cerence’s hybrid embedded and cloud technologies, including voice recognition, natural language understanding, and text-to-speech, Hyundai’s Dynamic Voice Recognition i...

Yahoo | April 14, 2021

Microsoft to Acquire Nuance for $19.6 Billion in Health-Care Bet

(Bloomberg) -- Microsoft Corp. is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping.The software giant is offering to purchase Nuance at $56 a share, a 23% premium to Friday’s close, according to a statement Monday, which confirmed an earlier Bloomberg report. The deal marks Microsoft’s largest acquisition since LinkedIn Corp.The transaction value is derived by the $56 a share multiplied by about 350 million fully diluted shares of Nuance, including stock options and stock awards. The acquisition will decrease earnings by less than 1% in the year that begins July 1 and start to add to profit th...

Yahoo | April 12, 2021

Microsoft Makes Big Bet on Health-Care AI Technology With Nuance

(Bloomberg) -- Microsoft Corp. is making a massive bet on health-care artificial intelligence.The software giant is set to buy Nuance Communications Inc., tapping the company tied to the Siri voice technology to overhaul solutions that free doctors from note-taking and better predict a patient’s needs. Microsoft may announce the deal as soon as Monday if talks are successful, according to people familiar with the matter.The price being discussed could value Nuance at about $56 a share, a 23% premium to Friday’s close, said one of the people, who asked not to be identified because the information is private. Set to be Microsoft’s largest acquisition since LinkedIn Corp., the purchase would give Nuance an equity value of about $16 billion, data compiled by Bloomberg show.Microsoft has bee...

Yahoo | April 12, 2021

Cerence to Join NVIDIA, Fellow Industry Leaders to Discuss Edge AI Computing in Automotive at NVIDIA GTC 2021

Cerence execs to present at global voice and automotive industry events through April and MayBURLINGTON, Mass., April 07, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Cerence VP of Product Christophe Couvreur will join leaders from NVIDIA, VMWare, and Akridata to explore edge computing for AI and machine learning workloads in automotive at NVIDIA GTC 21, available on demand on April 12, 2021 at 10:00 am PT. Couvreur will join Dean Harris, Automotive Business Development, NVIDIA; Manish Harsh, Developer Relations, Autonomous Vehicles, NVIDIA; Alexandra Baleta, Manufacturing and Automotive Industry Director, VMWare; and Sunil Samel, VP, Products, Akridata on this exciting panel. Together, these industry experts will discuss near-edge...

Yahoo | April 7, 2021

RBC Capital Stick to Their Hold Rating for Cerence Inc By Investing.com

RBC Capital Stick to Their Hold Rating for Cerence Inc

Investing.com | April 1, 2021

Cerence’s Industry-Leading Automotive Conversational AI Platform Now Available on Android Automotive OS, Advancing Coexistence Between Mobility and General-Purpose Assistants

New Cerence offering enables automakers to preserve their unique, branded experiences and data ownership through OS-agnostic approach to conversational assistant developmentBURLINGTON, Mass., March 30, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that its Cerence Drive conversational AI platform is now available on Android Automotive OS, giving automakers the ability to build custom, OEM-branded, conversational assistants atop the Android Automotive OS stack for the first time. This new offering from Cerence delivers capabilities that are most important to automakers: ownership over their unique brand experience, control over vehicle and driver data, and integrated coexistence and usability among multiple big tech ecosystems. Cerence is...

Yahoo | March 30, 2021

Are Cerence Inc.'s (NASDAQ:CRNC) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

It is hard to get excited after looking at Cerence's (NASDAQ:CRNC) recent performance, when its stock has declined 16...

Yahoo | March 28, 2021

Cerence (CRNC)’s Q4 2020 Performance Reflected Positively in Alger Weatherbie’s Portfolio

Alger, an investment management firm, published its ‘Alger Weatherbie Specialized Growth Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund highlighted their largest portfolio sector weightings, which is in Information Technology and Health Care sector, with their comments on notable companies. The Financials sector together […]

Yahoo | March 16, 2021



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