Microsoft Acquires GitHub for $7.5 billion

According to some recent reports, Microsoft was in talks for Acquiring Popular Coding Site GitHub. Now Microsoft Acquires GitHub for $7.5 billion. Microsoft stated that when its purchase will complete, GitHub will still “operate independently”. Moreover, it’s developers will also be allowed to keep using the same code, tools and operating systems for all of their projects that are uploaded to the service.

Microsoft Acquires GitHub for $7.5 billion

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GitHub has launched in 2008 since becoming a huge site for software developers to upload and share their code and projects. Microsoft is the top contributor to the site and has more than 1,000 employees actively pushing code to repositories on GitHub. Microsoft even hosts its own original Windows File Manager source code on GitHub. Apple, Amazon, Google, and many other big tech companies use GitHub. Now Microsoft Acquires GitHub for $7.5 billion

Microsoft said in a press release,

“More than 28 million developers already collaborate on GitHub, and it is home to more than 85 million code repositories used by people in nearly every country. From the largest corporations to the smallest startups, GitHub is the destination for developers to learn, share and work together to create software. It’s a destination for Microsoft too. We are the most active organization on GitHub, with more than 2 million “commits,” or updates made to projects”.

Microsoft is expected to close the deal to acquire GitHub by the end of the calendar year 2018. When the all-stock deal does close, its Corporate Vice President Nat Friedman will become its new CEO.