10 December 2021, 3:27 pm. 1 minute
On Friday, Reuters exclusively reported that Microsoft is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications. The latest tech deal, Microsoft’s second-biggest after its $26.2 billion LinkedIn purchase in 2016, follows heightened regulatory scrutiny of “killer acquisitions” whereby tech giants buy and shut down nascent start-ups and potential rivals.
Shares of Microsoft were up 2.2% in mid-trade.
Topics of Interest: Technology
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story