I think this is big news and of interest to our community since Xamarin provides a cross platform IDE + Tookit. Also, of all the other (than Delphi/Free Pascal) languages out there I feel C# is the next most acceptable with proper PME/generics/other stuff.
http://weblogs.asp.net/scottgu/welcoming-the-xamarin-team-to-microsoft I expect their price to come down, maybe even into the free price range, as a result of this acquisition.
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