This content is not available in your region

EU antitrust ruling on Microsoft buy of GitHub due by Oct. 19

Access to the comments Comments
EU antitrust ruling on Microsoft buy of GitHub due by Oct. 19
FILE PHOTO: A Microsoft store is pictured in New York City, New York, U.S., August 21, 2018. REUTERS/Carlo Allegri/File Photo   -   Copyright  Carlo Allegri(Reuters)
Text size Aa Aa

BURSSELS (Reuters) – EU antitrust regulators will decide by Oct. 19 whether to clear U.S. software giant Microsoft’s <MSFT.O> $7.5 billion (5.72 billion pounds) acquisition of privately held coding website GitHub.

Microsoft, which wants to acquire the firm to reinforce its cloud computing business against rival Amazon <AMZN.O>, requested European Union approval for the deal last Friday, a filing on the European Commission website showed on Monday.

The EU competition enforcer can either give the green light with or without demanding concessions, or it can open a full-scale investigation if it has serious concerns.

GitHub, the world’s largest code host with more than 28 million developers using its platform, is Microsoft’s largest takeover since the company bought LinkedIn for $26 billion in 2016.

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.

(Reporting by Foo Yun Chee; Editing by Edmund Blair)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.