According to three people familiar with the situation, Microsoft Corp. is on track to receive unequivocal EU antitrust approval for its $16 billion acquisition for artificial intelligence and speech technology business Nuance Communications Inc.
The agreement, Microsoft's second-largest after its $26.2 billion acquisition of LinkedIn in 2016, comes amid increased regulatory scrutiny of "killer acquisitions," in which computer giants shut down the embryonic setup and prospective competitors after acquiring them.
Microsoft announced its acquisition in April, which will expand the company's cloud capabilities for healthcare customers, a market where demand has increased as a result of the COVID-19 epidemic.
The deal has already obtained regulatory approval in the United States of America and Australia, without treatments given. Tech agencies have in recent months ramped up their acquisitions of AI-centered companies to attempt to live in advance of competitors and as increasingly businesses integrate this era into their services and products.