Microsoft is acquiring GitHub

Microsoft is acquiring GitHub

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Microsoft Corp on June 4, 2018 announced it has reached an agreement to acquire GitHub, the world’s leading software development platform
where more than 28 million developers learn, share and collaborate to create the future. Under the terms of the agreement, Microsoft will acquire GitHub for
$7.5 billion in Microsoft stock. Together, the two companies will empower developers to achieve more at every stage of the development lifecycle, accelerate
enterprise use of GitHub, and bring Microsoft’s developer tools and services to new audiences.
“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. “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 challenges.”
GitHub:
GitHub is the developer company. We make it easier for developers to be developers: to work together, to solve challenging problems, to create the world’s most
important technologies.