Microsoft Purchases Code-Sharing Website GitHub

Microsoft Purchases Code-Sharing Website GitHub

For those unaware, GitHub, is a web-based hosting service for software development projects that allows developers to use the tools of the privately-held company to store code, change, adapt and improve software from its public repositories for free. Microsoft is the top contributor to the site, and has more than 1,000 employees actively pushing code to repositories on GitHub according to The Verge. The deal, which will come under regulatory review, is expected to close later this year, Microsoft said.

Microsoft said GitHub will continue to operate independently and "provide an open platform for all developers in all industries".

"Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation", said Satya Nadella, CEO, Microsoft.

Specifically, Microsoft says that it wants to grow enterprise use of GitHub and use it as a platform to deliver its tools to more developers.

GitHub is the largest open-source repository in the world, with roughly 27 million users and 80 million projects, which makes it a tempting target for a firm like Microsoft.

It's unclear what the price tag of such a deal may be, though GitHub was most recently valued at $2 billion when it raised its last round of funding in 2015.

Nadella called attention to the company's flipped perspective on open-source software on the Monday conference call.

Microsoft's vice president of developer services, Nat Friedman, will become the new head of GitHub.

Bloomberg is reporting that Microsoft has made a decision to acquire GitHub for an unknown amount. Others struck a more serious tone, as they anxious that the deal might mean GitHub becomes closed off to anything but Microsoft technologies. Chris Wanstrath, a GitHub cofounder and the current CEO, will take the new title of Microsoft Technical Fellow, and remain an advisor to the company. Potential synergies also exist between GitHub and Microsoft's hybrid cloud platform Azure, as well as LinkedIn.

Shares of Microsoft are up 19% since the beginning of 2018. However, three years later, that valuation may have ballooned, and the acquisition could set Microsoft back as much as $5 billion, according to an estimate from CNBC.

Related Articles

  • Officer punches woman in New Jersey beach arrest video

    Officer punches woman in New Jersey beach arrest video

    After a bystander tells the officer to refrain from throwing blows, Weinman yells out, "you're not allowed to beat me like that". Weinman is facing several charges including aggravated assault on a police officer, disorderly conduct and resisting arrest.
    Ukraine admits faking death of anti-Kremlin journalist

    Ukraine admits faking death of anti-Kremlin journalist

    Authorities had received information about a Russian security services plot to kill Babchenko and managed to prevent it. In early 2017, after spending years fearing he would be arrested, beaten, or worse, Babchenko left Russian Federation .
    Trump lawyer Cohen's business partner to co-operate with prosecutors, say sources

    Trump lawyer Cohen's business partner to co-operate with prosecutors, say sources

    Daniels has said Cohen paid her $130,000 to keep quiet about a sexual encounter she had with Trump, which Trump has denied. Freidman declined in a text message to answer questions about cooperating with prosecutors or terms of his agreement.
  • Korea summit back on, Trump says after meeting Kim envoy

    Korea summit back on, Trump says after meeting Kim envoy

    Vox looks at four possible scenarios, ranging from "small deal and more talks" to the North agreeing to de-nuclearize. Pompeo also appeared to lower expectations of what might come out of a summit, after a NY meeting with Kim.
    Ambien Tells Roseanne Drug Has No Racist Side Effects

    Ambien Tells Roseanne Drug Has No Racist Side Effects

    An attempted apology and promise to leave Twitter , which she has failed to do, were not enough to save the show. He added, "I condemn these statements vehemently" and that her thoughts do not reflect his own "inclusive" views.
    Prospects For US-China Trade Deal Ease Tensions

    Prospects For US-China Trade Deal Ease Tensions

    Trump has frequently lambasted China's high import duties on foreign cars. Soybeans account for $14 billion of USA exports to China.
  • What to Expect at Apple’s WWDC 2018 Event

    What to Expect at Apple’s WWDC 2018 Event

    As ever, the keynote will be livestreamed over the interwebs, so people at home can tune in and hear what Tim Cook had to say. There are rumours going around that Apple will reveal a portable speaker that works with Siri, but we couldn't confirm that.
    Australian Grandmother Receives Death Penalty For Smuggling Meth

    Australian Grandmother Receives Death Penalty For Smuggling Meth

    She was acquitted after the judge found she was scammed by her online boyfriend and was unaware she was carrying the drugs. However, prosecutors appealed the decision, which effectively barred her from returning home to Sydney.
    Du Plessis' rearguard effort sees CSK through to final

    Du Plessis' rearguard effort sees CSK through to final

    It was the Super Kings who halted Sunrisers' six-game winning streak with a comprehensive eight-wicket drubbing on May 13 in Pune. The match timings for the play-offs have been advanced by one hour, which means the match will start at 7 p.m.
  • Deadbeat son called cops on dad before finally moving out

    Deadbeat son called cops on dad before finally moving out

    Syracause.com reports that Rotondo left 2-1/2 hours before the noon deadline set by a judge last week. Rotondo honked and waved to reporters as he pulled out of the driveway of his parents' home.
    Iran's Evin prison, Ansar-e Hezbollah face new United States  sanctions

    Iran's Evin prison, Ansar-e Hezbollah face new United States sanctions

    Swaraj met Iranian Foreign Minister Javad Zarif in New Delhi on Monday just weeks after the US' rejection of the nuclear accord. Indian Foreign Minister Sushma Swaraj said New Delhi will not make foreign policy decisions under pressure from others.
    The Rockets will look to advance to the Finals tonight

    The Rockets will look to advance to the Finals tonight

    It started with defense in the second half, and then the 3-point barrage began, led by the Splash Brothers. Golden State Warriors came back from a 17-point first-quarter deficit to beat the Houston Rockets 115-86.