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Microsoft's $7.5 billion GitHub deal will get EU approval

by on09 October 2018

Unconditional nod

Software King of the Wolrd Microsoft will get unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub.

According to Reuters, the European Commission is set to decide on the deal by 19 October, but deep throats within the Commission have revealed that it does not see any anti-trust issues.

Microsoft announced the deal in June, its largest acquisition since it bought LinkedIn for $26 billion in 2016. The GitHub deal is expected to boost the US software giant’s cloud computing business and challenge market leader Amazon (AMZN.O).

GitHub, the world’s largest code host, has more than 28 million developers using its platform. It will become a part of Microsoft’s Intelligent Cloud unit once the acquisition is completed.

Microsoft Chief Executive Satya Nadella has tried to assuage users’ worries that GitHub might favor Microsoft products over competitors after the deal, saying GitHub would continue to be an open platform that works with all public clouds.


Last modified on 09 October 2018
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