Microsoft might be buying GitHub (updated - sold)

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And that title could also read, Microsoft already purchased it, as that is what some insides report. Microsoft has recently held talks to buy GitHub. The companies have had on-and-off conversations over the years, but talks have grown more serious in the past few weeks.



It's a change of course from just six months ago, when GitHub, last valued at $2 billion in 2015, appeared fully committed to staying independent and pursuing an initial public offering. Since then, GitHub has struggled to land a CEO to replace Chris Wanstrath, who announced his resignation in August but remains in the top role. The Google executive Sridhar Ramaswamy was at one point under consideration for the GitHub CEO job, a source told Business Insider.

GitHub is one of the most essential tools used by software developers today, so Microsoft would be rolling up a crucial part of the ecosystem. From the smallest startups to giants like Microsoft, companies use the cloud-based service to work on code collaboratively. GitHub has “27 million software developers working on 80 million repositories of code,” according to Bloomberg. Microsoft is the top contributor to the site, and has more than 1,000 employees actively pushing code to repositories on GitHub.

Update: It has been confirmed. Microsoft announced it will buy or has bought GitHub for 7.5 billion dollars. The Redmond company says in its announcement that GitHub will continue to operate independently. GitHub writes in its own announcement.

Microsoft might be buying GitHub (updated - sold)


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