Microsoft is buying mobile tool vendor Xamarin

In a move that was expected and rumored for a long time, Microsoft is buying tool maker Xamarin.

Scott Guthrie, head of Microsoft's Cloud and Enterprise business, announced the intent to buy Xamarin on February 24, via a blog post.

The financial terms of the deal are not being disclosed by either company. Microsoft officials plan to provide more details about its Xamarin integration plans in the future starting at Build at the end of March.