Nuance Announces Acquisition of Saykara
Nuance Communications (NASDAQ: NUAN) announced the acquisition of Saykara, Inc., a startup focused on mobile AI solutions for automating clinical documentation. This strategic move aims to bolster Nuance's leadership in conversational AI and ambient clinical intelligence, addressing clinician burnout and enhancing patient experiences. Saykara's team, including its founder Harjinder Sandhu, will integrate into Nuance's R&D efforts. The acquisition signifies Nuance's commitment to innovation and growth in AI-powered healthcare solutions.
- Acquisition of Saykara enhances Nuance's technology portfolio in AI and clinical intelligence.
- Integration of Saykara's team strengthens Nuance's R&D capabilities.
- The acquisition aligns with Nuance's strategy to reduce clinician burnout and improve healthcare efficiency.
- None.
BURLINGTON, Mass., Feb. 8, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced the acquisition of Saykara, Inc., a like-minded startup focused on developing a mobile AI assistant to automate clinical documentation for physicians. The acquisition underscores Nuance's ongoing expansion of market and technical leadership in conversational artificial intelligence (AI) and ambient clinical intelligence (ACI) solutions that reduce clinician burnout, enhance patient experiences, and improve overall health system financial integrity.
"The complementary technology built by the Saykara team aligns strongly with our technology portfolio and growth strategy as well as the needs of our clients," said Joe Petro, Nuance Executive Vice President and Chief Technology Officer. "This acquisition welcomes some familiar and highly respected technology leaders whom I am excited to have join our research and development team, which consists of the best and brightest minds in applying AI and machine learning to healthcare. With a shared vision, we will continue our aggressive focus on innovation, growth, and on delivering industry-leading AI-powered solutions that meaningfully address the compelling business problems that our healthcare clients and their clinicians face every day."
Saykara was founded in Seattle in 2015 by Harjinder Sandhu, PhD, a serial entrepreneur who previously served as an executive in Nuance's R&D division. Sandhu and Saykara's team of leading engineers, machine learning experts, and experienced technology executives will join Nuance's research and development team.
"I welcome the opportunity to rejoin the market leader in conversational AI and ambient clinical intelligence, and the impressive Nuance research and development team – especially at this important juncture in the development and adoption of these AI-powered healthcare innovations," said Saykara Founder and CEO Harjinder Sandhu. "We are very familiar with Nuance's advanced technology, domain expertise, and world-class technical team and share the company's mission to make what matters to alleviate the clinical documentation burden on clinicians around the world."
About Nuance Communications
Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 90 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people's ability to help others.
Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.
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SOURCE Nuance Communications, Inc.
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