Microsoft acquired Github for $7.5 Billion

Github, launched in April 10, 2018, is a web-based hosting service for version control using Git. Github offers all of the distributed version control & source code management (SCM) functionality of Git as well as adding its own features. It provides access control & several collaborations features such as bug tracking, feature requests, task management, and wiki for every of its project. Github offers plans for both private repositories & free accounts. Microsoft has made it official to acquire Github for $7.5 Billion and here is the full news.


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Github has acquired by Microsoft 

Microsoft Github

Microsoft, the software giants, make it official to acquires Github for $7.5 billion on Monday, June 4, 2018. It is the second big deal for Microsoft CEO Satya Nadella, following the $26.2 for LinkedIn, two years ago.  Github was last  valued for $2 billion back in 2015 and it appeared fully committed to staying independent and pursuing an initial public offering. Now Microsoft is paying $7.5 billion in stock for the company in a deal that should close later this year.

Microsoft killed its own Github competitor, Codeplex, in December and is now the top contributor to Github. It’s popularity among developers could see Microsoft earn some much-needed trust and respect from developers. Microsoft CEO Satya Nadella said, “We will accelerate enterprise developers’ use of Github, with our direct sales and partner channels and access to Microsoft’s global cloud infrastructure and services”.

Github is very popular among developers and companies hosting entire projects, documentation and code. Microsoft has more than 1,000 employees actively pushing code to Github repositories. Big companies like Apple, Google and many more have many active users on Github. There are 28 million developers contributions in 85 million repositories that are hosted on Github.

Github is now led by CEO Nat Friedman, the Founder of Xamarin, Who will report to Microsoft’s Cloud & AI chief Scott Guthrie. Github CEO and co-founder Chris Wanstrath will now become a technical fellow at Microsoft, also reporting into Scott Guthrie.

 

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