HomeNewsBusinessMicrosoft's $7.5 bn GitHub deal set for EU approval: Sources

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

Microsoft announced the deal in June, its largest acquisition since it bought LinkedIn for $26 billion in 2016

October 08, 2018 / 20:03 IST
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US software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion 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.

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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.