EU clears $19.7B Microsoft-Nuance deal without any small print

The EU has concluded Microsoft's $19.7 billion acquisition of Nuance doesn't pose competition concerns. Nuance gained renown for originally creating the backend of that little old virtual assistant called Siri (you might have heard of it?) The company has since continued to focus on building its speech recognition capabilities and has a number of solutions which span particular industries such as healthcare to general omni-channel customer experience services. Earlier this year, Microsoft decided Nuance is worth coughing up $19.7 billion for. As such large deals often do, the proposed acquisition caught the eyes of several global regulators.