Microsoft is acquiring GitHub, and could announced the deal as early as Monday Bloomberg reports. It is 2nd biggest acquisition of Microsoft’s CEO following the $26.2 billion acquisition of LinkedIn two years ago. The company has acquiring GitHub by paying $7.5 billion in stock for the company in a deal that should close later this year. Business Insider first reported talks between the companies on Friday.
In August, GitHub announced that it was looking for a CEO to replace Chris Wanstrath, one of the company’s co-founders. GitHub will now be led by CEO Nat Friedman, the founder of Xamarin, who 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, also reporting into Guthrie. The question is why Microsoft acquiring GitHub ? It’s easy to imagine why Microsoft’s has a interest in acquiring GitHub. GitHub popularity is rising day by day among the developers. The company has now has more than 1,000 employees actively pushing code to GitHub repositories.
The question around this acquisition will be what Microsoft does with GitHub in the future. How will company will utilize it ?
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