Microsoft wins US antitrust approval for $16bn purchase of Nuance
Microsoft has won US antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications, according to a filing made by Nuance to the government.
The $16 billion deal, which was announced in April, came after the companies partnered in 2019 to automate healthcare administrative work, such as documentation.
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Nuance said in a filing to the US Securities and Exchange Commission on Friday that the deadline for the US government to object to the deal had expired on June 1.
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That expiration "satisfies one of the conditions to the closing of the merger," the company said in the filing.
A spokesperson for Microsoft said in a statement that the deal was undergoing regulatory reviews in other jurisdictions and was intended to close at the end of 2021.