The 25-year-old travelled to England on Friday after a fee, believed to be in the region of £12.7million, was agreed.
Louis van Gaal had made it a priority to sign an experienced right-back this summer having used Antonio Valencia in that position for much of last season.
Torino announced the news on their website on Saturday evening: "Torino Football Club announces that it has sold to Manchester United, outright, the rights of the player Matteo Darmian.
"President Urbano Cairo would like to thank Matteo Darmian for the seriousness, commitment and professionalism demonstrated in these years. Torino FC wishes Matteo all the best for this amazing new experience."
Darmian becomes United's second signing of the summer, following the £25million arrival of Memphis Depay from PSV, while the Red Devils also have an agreement in place for the transfer of Bayern Munich midfielder Bastian Schweinsteiger.
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