Alphabet's Google expected to get EU antitrust clearance for deal on Photomath

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Alphabet's Google expected to get EU antitrust clearance for deal on Photomath

People familiar with the matter said that BRUSSELS Alphabet's Google is about to get EU antitrust clearance for its acquisition of Croatian maths app Photomath.

Merger deals involving U.S. tech giants and start-ups have attracted intense regulatory scrutiny on both sides of the Atlantic amid concerns that some deals may be killer acquisitions where the goal is to shut down nascent rivals.

In May of last year, Google entered an agreement to acquire Photomath. The investors in the Croatian company are Cherubic, LearnCapital, Goodwater Capital, GSV Ventures and Menlo Ventures.

The European Commission is due to decide on the deal by March 28, and Google doesn't want to say anything.

Photomath was started by an engineer and father who wanted to help his children with their math homework. The app has been downloaded more than 300 million times worldwide and is available in more than 30 languages.