over the previous closing price. Nuance's CEO, Mark Benjamin, will stay with the company. This will be Microsoft's second-biggest deal ever, after its purchase of LinkedIn for $24 billion in 2016. Shortly after the deal, the Competition and Markets Authority, a UK regulatory body, stated it was looking into the deal on the basis of antitrust concerns. In December 2021, it was reported that the deal would be approved by the European Union. The acquisition was completed on March 4, 2022. References External links Software companies based in Massachusetts Companies formerly listed on the Nasdaq American companies established in 1992 Software companies established in 1992 1992 establishments in Massachusetts Companies based in Burlington, Massachusetts Speaker recognition 2000 initial public offerings Software companies of the United States 2022 mergers and acquisitions Microsoft acquisitions Microsoft subsidiaries