CC Image courtesy of Mike Mozart

Microsoft finalized their acquisition of GitHub today, paying a cool $7.5 billion in cash for the ubiquitous Git repository. It seems like the European Commission approval was the last step to get this deal done.

There was a lot of noise when the acquisition was announced in June from across the developer community. Many were concerned what this would mean for open-source projects. Some openly advocated for moving to different platforms. Now that the acquisition has gone through, we’ll see how the new Microsoft subsidiary fares in terms of users and revenue.

The rubber meets the road Monday when new boss Nat Friedman takes over as GitHub CEO.

Source: Ars Technica