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Microsoft's $7.5BN GitHub buy gets green-lit by EU regulators

Microsoft's $7.5BN GitHub buy gets green-lit by EU regulators

Microsoft's planned acquisition of Git-based code sharing and collaboration service, GitHub, has been given an unconditional greenlight from European Union regulators. The software giant announced its intention to bag GitHub back in June, saying it would shell out $7.5 billion in stock to do so. The European Commission approved the plan today, saying its assessment had concluded there would be no adverse impact on competition in the relevant markets, owing to the combined entity continuing to face "significant competition".