Home Tech Microsoft’s $19.7 billion Nuance acquisition wins EU approval | Engadget

Microsoft’s $19.7 billion Nuance acquisition wins EU approval | Engadget

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Microsoft’s $19.7 billion Nuance acquisition wins EU approval | Engadget

The European Commission has authorized Microsoft’s to purchase Nuance Communications. The regulator on Tuesday the proposed acquisition “would raise no competition concerns” throughout the European Union. In analyzing the bid, it discovered that “Microsoft and Nuance offer very different products.” Moreover, it believes the corporate will proceed to face “strong” competitors from different companies sooner or later.

Before at the moment, the US and Australia had each signed off on the acquisition, nevertheless it’s not but a carried out deal. On December thirteenth, the UK’s mentioned it might examine the transaction. With the regulator accepting public feedback till January tenth, 2022, it’s unlikely the deal will shut by the tip of 2021 as Microsoft had mentioned it might when it first introduced its intention to purchase Nuance. 

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