Reuters exclusively reports Microsoft's $16 billion Nuance bid set for EU antitrust approval; market reacts - Reuters News Agency
Business & FinanceDealsTechnology

Reuters exclusively reports Microsoft’s $16 billion Nuance bid set for EU antitrust approval; market reacts

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.

Market Impact

After the Reuters report was published, Microsoft shares closed up 2.2%.



Article Tags
Topics of Interest: Business & FinanceDealsTechnology
Type: Reuters Best
Sectors: EquitiesTechnology
Regions: EuropeNorth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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