Microsoft's $7.5 Billion GitHub Deal Said to Be Set for EU Approval

Microsoft's $7.5 Billion GitHub Deal Said to Be Set for EU Approval
  • Microsoft announced the deal in June for $7.5 billion
  • Deal is expected to boost company's cloud computing business
  • GitHub has more than 28 million developers using its platform

US software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion (roughly Rs. 55,500 crores) purchase of privately held coding website GitHub, two people familiar with the matter said on Monday.

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.

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 favour Microsoft products over competitors after the deal, saying GitHub would continue to be an open platform that works with all public clouds.

The European Commission, which is set to decide on the deal by October 19, did not respond to a request for immediate comment. Microsoft declined to comment.

© Thomson Reuters 2018


For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Microsoft, GitHub, EU
TCL 65X4 With 4K UHD Display, Android Nougat Launched in India; S6500 Series Announced

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment



© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on