Nuance Communication

The deal, which was announced last year, helps Microsoft Corp. get more entrenched into hospitals and the health care industry through Nuance's widely used medical dictation and transcription tools

The probe is over concerns that the deal could result in a "substantial lessening of competition" in the UK market.

The deal follows heightened regulatory scrutiny of "killer acquisitions"

Microsoft Corp has won US antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications Inc, according to a filing made by Nuance to the government

The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation

With operations in 28 countries, the Burlington, Massachusetts-based company reported $1.5 billion in revenue in fiscal-year 2020

Talks between Burlington, Massachusetts-based Nuance and Microsoft are ongoing and the discussions could still fall apart, the report added

Company has currently 5-6 customers across country and now in talks with over a dozen potential ones