Big Law

The EU Approves of Microsoft’s $19.7 Billion Nuance Acquisition

The European Commission has approved Microsoft’s $19.7 billion bid to buy Nuance Communications. The regulator said on Tuesday the proposed acquisition “would raise no competition concerns” within the European Union. In analyzing the bid, it found that “Microsoft and Nuance offer very different products.” Moreover, it believes the company will continue to face “strong” competition from other firms in the future.

Read the source article at Engadget

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