Throughout the last few months, we have closely followed Microsoft’s acquisition of the business and employment-oriented social networking service LinkedIn. Last week we reported on the service being banned in Russia, and just a few days ago, amidst growing antitrust concerns, Microsoft promised the EU that LinkedIn APIs will remain available to all. Today there is more LinkedIn news to report, and this time, it is in regards to the EU clearing Microsoft’s EU LinkedIn acquisition (Via Reuters.)
According to a Reuters report, which cites three people familiar with the matter, European Union antitrust regulators have given the all clear to Microsoft’s $26 billion takeover of LinkedIn. Microsoft, however, reportedly has to make minor changes to the concessions (commitments) which were originally submitted to the Union last week.
This is a developing story, so be sure to stay tuned to OnMSFT.com, as we will update this story and publish follow-up reports as more details emerge.Further reading: EU, European Union, LinkedIn, Microsoft