logo
  

CMA Clears Microsoft's Planned Acquisition Of Nuance Communications

The U.K. Competition and Markets Authority or CMA Wednesday announced its decision to clear the planned acquisition by Microsoft Corp. (MSFT) of artificial intelligence company Nuance Communications, Inc. (NUAN).

The competition regulator said it is not referring the merger to a Phase 2 investigation under the provisions of the Enterprise Act 2002.

Microsoft announced the $19.7 billion deal in April last year. It has already received antitrust approval in various countries, such as United States and Australia.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois. Natreve, a premium wellness company, is recalling certain Vegan Protein Powder due to undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The recall involves specific batches of its Vegan Protein Powder French Vanilla Wafer Sundae flavor. The impacted products are stored in 13 oz (10 servings) and 1.47lb (18 servings) white tubs. The Federal Communications Commission or FCC has granted SpaceX Services, Inc. authorization to use its Starlink satellite internet system on vehicles in motion. SpaceX, owned by Elon Musk, is allowed to operate consumer and enterprise Ku-band Earth Stations in Motion or ESIM using frequencies allocated to the fixed satellite service. The approval would help the company to expand its services to
Follow RTT