Microsoft today announced it has completed its acquisition of GitHub, bringing to a close a process that began in June. The $7.5 billion deal will see the GitHub team come under Microsoft's wing with Microsoft Corporate Vice President Nat Friedman taking over as CEO.
The news comes just a week after the European Union approved the deal, ruling that the merged entity wouldn't post any major concerns over competition. The commission's ruling stated:
Under Friedman's watch, Microsoft will continue to operate as an independent entity. In a statement announcing the completion of the deal, Microsoft said:
In a blog post celebrating the news, Friedman provided a look at the areas we can expect GitHub to focus on going forward:
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