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EU Antitrust Regulators to Rule on Microsoft Acquisition of GitHub by Mid-October

Published 09/19/2018, 08:52 PM
Updated 09/19/2018, 09:01 PM
EU Antitrust Regulators to Rule on Microsoft Acquisition of GitHub by Mid-October

Software giant Microsoft (NASDAQ:MSFT) has requested European Union (E.U.) approval of its $7.5 billion acquisition of web-based hosting service GitHub, Reuters reported September 17. According to Reuters, Microsoft filed the request last Friday, and the decision will be made by October 19.

GitHub is an open-source coding website, a repository which hosts developers’ source code projects in a number of different programming languages and keeps track of any changes made. In 2017, the GitHub community reportedly reached 24 million developers, working with 67 million repositories.

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