Microsoft Acquires GitHub for $7.5 Billion in Stock

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Microsoft has acquired GitHub for $7.5 Billion in Stock. GitHub world’s leading software development platform where developers share and collaborate on code, which hosts open-source software.

By using GitHub, developers can host entire projects, documentation, and code. Few noted companies which are using GitHub are Apple, Amazon, Google, Paypal, Airbnb, Spotify, etc. There are 85 million repositories hosted on GitHub, and 28 million developers contribute to them.

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

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.

We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenge.

Microsoft Acquires GitHub for $7.5 Billion in Stock

GitHub based in San Francisco and was founded in 2008 by Chris Wanstrath. Tom Preston-Werner, PJ Hyett.

GitHub will now lead by Nat Friedman who was the founder of Xamarin. And he will report to Microsoft’s Cloud and AI chief Scott Guthrie. GitHub CEO and co-founder Chris Wanstrath will now become a technical fellow at Microsoft and he will also report to Scott Guthrie. The platform will continue to operate independently to provide an open platform for all developers in all industries.

In 2015 GitHub raised $250 million from several venture-capital firms like Sequoia Capital, Institutional Venture Partners, and Andreessen Horowitz, etc and it was values valued at $2 billion at that time. Microsoft is paying $7.5 billion in stock for the deal.

Previously Microsoft has stopped its own repository Codeplex and using actively using GitHub. Now Microsoft has more than 1000 employees using GitHub to push there code. Microsoft is actively adopting and promoting open source technologies. Microsoft already open sourced PowerShell, Visual Studio Code, and the Microsoft Edge JavaScript engine.

Microsoft also partnered with Canonical to bring Ubuntu to Windows 10 and acquired Xamarin to assist with mobile app development. Satya Nadella also said, When it comes to our commitment to open source, judge us by the actions we have taken in the recent past, our actions today, and in the future.