Tech

EU has approved Microsoft’s $7.5 billion GitHub acquisition

1 Mins read

Microsoft’s upcoming $7.5 billion acquisition of GitHub has cleared another major hurdle: the EU has approved the deal after determining that there are no antitrust concerns in Microsoft buying the popular open-source software repository, via the Financial Times.

European antitrust authorities have reportedly determined that “the merged entity would continue to face significant ongoing competition from other players.”

Officials also aren’t concerned that Microsoft could “undermine the open nature of GitHub,” noting that developers have other options they could switch to if Microsoft’s stewardship of the platform isn’t to their liking.

The GitHub purchase was first announced in June this year, with CEO Satya Nadella commenting at the time,

“We are committed to being stewards of the GitHub community, which will retain its developer-first ethos, operate independently and remain an open platform.

We will always listen to developer feedback and invest in both fundamentals and new capabilities.”

theverge.com

Related posts
Tech

Uganda Energy Credit Capitalisation Company Introduces the Prospect Digital Platform to Energy Service Companies

3 Mins read
On Monday 13th May 2024, Uganda Energy Credit Capitalisation Company (UECCC) invited Energy Service companies operating within the solar space for a…
Tech

Enhancing Agricultural Development: A Comprehensive Approach to Digital Skilling for Farmers in Uganda

1 Mins read
According to the Uganda Communications Commission’s 2022 study report on the access and usage of communication services in Uganda, a significant gap…
Tech

MTN ACE Tech's Brightest Minds Set To Shape Future Of Technology

1 Mins read
Uganda’s ICT landscape is set to witness a new wave of talent and innovation, as MTN Foundation, in collaboration with the Ministry…