US software giant Microsoft is set to secure unconditional EU antitrust approval for its $16-billion bid for artificial intelligence and speech technology firm Nuance Communications, three people familiar with the matter said.
The deal, the latest in the tech industry and Microsoft’s second-biggest after its $26.2-billion buy of LinkedIn in 2016, follows heightened regulatory scrutiny of “killer acquisitions” whereby tech giants shut down nascent start-ups and potential rivals after buying them.
Source: Business-Standard