Editor Desk

Nov 21, 20161 min

MICROSOFT OFFERS EU HARDWARE, SOFTWARE LINKEDIN CONCESSIONS

Microsoft (MSFT.O) will still allow LinkedIn's (LNKD.N) rivals access to its software and give hardware makers the option of installing other services to try to win EU approval for its takeover of the U.S. firm, people familiar with the matter said. The U.S. software company submitted its LinkedIn concessions to the European Commission last week after the EU competition enforcer expressed concerns about the $26 billion deal, Microsoft's biggest ever acquisition. The offer aims to show that Microsoft will not favor LinkedIn at the expense of rivals, the people said, in an attempt to address a key concern for regulators.

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#Microsoft #Linkedin

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