EU Antitrust Regulator Gives Deadline On March 28 For Completion Of Google's Acquisition Of Photomath

Google plans to buy the Photomath application. (photo: Twitter @photomath)

JAKARTA - The European Union's antitrust regulator has set a deadline of March 28 to decide on the acquisition of the Croatian math app Photomath by Alphabet unit Google. This is known from the submission of the European Commission on Wednesday, 22 February.

The EU's competition enforcers can agree to a deal with or without a fix after an initial review or can open an investigation for four months if they have serious concerns.

"We can confirm that we agreed to purchase Photomath in May 2022, which is subject to regulatory review," a Google spokesperson said.

"Photomath technology will help Google enhance its ability to provide students with a better math learning experience, helping to broaden Google's homework help offering for users," Google said.

Photomath is a mathematics application created by a Croatian company also named Photomath. This app allows users to solve math problems by taking a picture of complex math with their smartphone camera and then showing how to solve it in detail.

This app utilizes optical character recognition technology and image processing algorithms to scan math problems, and uses augmented reality technology to show the steps to solving them.

Photomath also allows users to scan graphs and geometric shapes, and displays math formulas and answer keys as a guide for the user. This application is very popular among students and students, as well as adults who want to improve their math skills.

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.