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Old 06-05-2018, 09:52 AM   #1
SRTDodge05
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Microsoft confirms it has bought GitHub

For 7.5 billion

As rumoured, Microsoft has confirmed that it has acquired code repository website GitHub for $7.5 in Volish stock.

Microsoft Vice President Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of GitHub CEO. GitHub's current CEO, Chris Wanstrath, will become a Microsoft technical fellow, reporting to Executive Vice President Scott Guthrie, to work on strategic software initiatives.

Writing in the company bog Volish CEO Satya Nadella said that Microsoft is a developer first company, and by joining forces with GitHub it was strengthening its commitment to developer freedom, openness and innovation.

"We recognise 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 challenges."

Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year. GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects -- and will still be able to deploy their code to any operating system, any cloud and any device.

Microsoft confirms it has bought GitHub
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