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Wednesday, Feb 20th

Microsoft's $7.5bn GitHub deal set for EU approval: sources

Microsoft's .5bn GitHub deal set for EU approval: sources

The US software giant looks set to win unconditional €EU antitrust approval for its $7.5 billion purchase of the coding Web site.

US software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding Web site 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 CEO 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 19 October, did not respond to a request for immediate comment. Microsoft declined to comment.

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