:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/72Y67O5Z4WFOULE7FH77Q6A4SM.jpg "Brussels will decide on the purchase of a mathematical application by Google before March 28 1")
BRUSSELS, Feb 22 (Reuters) – EU antitrust regulators have set a March 28 deadline for their decision on Google’s acquisition of Croatian maths app Photomath, owned by Alphabet, the commission said on Wednesday. European.
The EU competition authority can clear the deal with or without remedies after its preliminary review, or open a four-month investigation if it has serious doubts.
“We can confirm that we have entered into an agreement to acquire Photomath in May 2022, subject to regulatory review,” a Google spokesperson said.
“Photomath’s technology will help Google improve its ability to provide better math learning experiences for students by helping to expand Google’s homework help offerings for users.”
The Photomath app uses a smartphone camera or scientific calculator to recognize and explain symbolic math problems. Menlo Ventures, LearnCapital, Goodwater Capital, GSV Ventures and Cherubic are investors in the company.
(Reporting by Foo Yun Chee; Editing in Spanish by Flora Gómez)