TFS + Git = True! Native support for Git is coming in TFS 2012 and Visual Studio
At the ALM Summit earlier this week Brian Harry announced that TFS will host Git repositories. This is a great step forward for cross-platform development, native Git support will make it easy to use the team platform TFS gives us without having to compromise the development experience when working for instance in Xcode on iOS.
Microsoft will also provide integrated tooling inside Visual Studio for Git, which means not a separate set of tools but instead tools right inside the Team Explorer where we as Visual Studio users are used to work. Matthew Mitrik (MS), Andy Lewis, and Martin Woodward has written a great introduction to getting started with Git in Visual Studio using a Git repository in the Team Foundation Service.
Read the full announcement here.