I. Bonifacic@igorbonifacicDecember 21st, 2021In this report: news, equipment, Microsoft, NuanceHJBC by means of Getty Visuals
The European Fee has approved Microsoft’s $19.7 billion bid to obtain Nuance Communications. The regulator mentioned on Tuesday the proposed acquisition “would raise no levels of competition concerns” in the European Union. In analyzing the bid, it observed that “Microsoft and Nuance present really distinct products.” In addition, it believes the enterprise will carry on to deal with “strong” competition from other companies in the foreseeable future.
In advance of today, the US and Australia experienced each signed off on the invest in, but it is not nevertheless a accomplished offer. On December 13th, the UK’s Level of competition and Markets Authority mentioned it would investigate the transaction. With the regulator accepting public remarks until eventually January 10th, 2022, it’s not likely the deal will near by the conclusion of 2021 as Microsoft had said it would when it 1st declared its intention to buy Nuance.
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