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NUAN Nuance Communications Inc

55.99
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nuance Communications Inc NASDAQ:NUAN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 55.99 56.00 56.00 0 00:00:00

EU Approves Microsoft's $16 Billion Bid for Nuance Communications Unconditionally

21/12/2021 3:47pm

Dow Jones News


Nuance Communications (NASDAQ:NUAN)
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   By Cristina Roca 
 

Microsoft Corp.'s deal to acquire transcription-technology company Nuance Communications Inc. for $16 billion has received unconditional approval by the European Union's antitrust authority.

The European Commission said Tuesday that the deal wouldn't significantly reduce competition and that it would raise no concerns.

The U.S. software giant said in April that it struck a deal to acquire Nuance, valued at $19.7 billion including Nuance's net debt, in a bet on the growing demand for digital tools within healthcare.

The deal is under review by the U.K.'s competition regulator.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

December 21, 2021 10:32 ET (15:32 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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