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European Commission approves Microsoft's GitHub acquisition

Microsoft today received approval from EU antitrust regulators on its $7.5 billion purchase of GitHub. In a argument released today, the European Commission said that the deal has information technology's blessing, requiring no concessions from Microsoft for it to get forward (via Reuters).

From the statement:

The Commission plant that the combination of Microsoft and GitHub's activities on these markets would raise no competition concerns considering the merged entity would continue to face significant competition from other players on both markets.

The Commission too found that the combination of Microsoft and GitHub wouldn't limit developers' access to other development platforms.

The marketplace investigation confirmed that Microsoft would not have the market power to undermine the open nature of GitHub to the detriment of competing DevOps tools and cloud services. This is considering such behaviour would reduce the value of GitHub for developers, who are willing and able to switch to other platforms.

According to the details of the deal Microsoft revealed in June, GitHub will continue to operate independently, with Microsoft Corporate Vice President Nat Friedman taking over equally CEO.

"GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries," Microsoft said. "Developers will continue to be able to utilize the programming languages, tools and operating systems of their selection for their projects — and will withal exist able to deploy their code to any operating system, whatsoever cloud and whatsoever device."

Source: https://www.windowscentral.com/european-commission-approves-microsofts-github-acquisition

Posted by: koellersalict.blogspot.com

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