Microsoft has announced on June 4, 2018, that they are going to acquire GitHub, popular Git-based code sharing, and collaboration service. It has been confirmed that the price of acquiring the GitHub was $7.5 billion in Microsoft stock.
GitHub is the world’s leading software development platform where developers can learn and share coding knowledge and experience too. More than 28 million developers are there to communicate for the coding related issues.
Now, Nat Friedman will become the new CEO of GitHub (Former Xamarin CEO) and GitHub founder and former CEO Chris Wanstrath will become a technical fellow at Microsoft.
In a blog post on GitHub, we have seen they said ” I am very excited to announce that Microsoft is acquiring GitHub and expect the agreement to close by the end of the year. ”
MICROSOFT IS ACQUIRING GitHub FOR $7.5 BILLION
“GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries,” as published on Microsoft.com
GitHub says that as of March 2018, there were 28 million developers in its community, and 85 million code repositories, making it the largest host of source code globally and a cornerstone of how many in the tech world build software, as published on TechCrunch
Today’s cloud computing-based Microsoft is built a new partnership under CEO Satya Nadella which is far different from past open source hostile. Microsoft has acquired GitHub, this fact makes GitHub more trusted projects and source control for all enterprises.
Satya Nadella, CEO of Microsoft declared that their developers use GitHub with our direct sales and partner channels to access Microsoft’s global cloud infrastructure and services. Github increases 10x amount of professionals moving their repositories over to its services.
Microsoft CEO Satya Nadella states, “Microsoft, developer first company, acquire GitHub with this help, all developers can easily build, innovate and solve the biggest pressing challenges.
Due to global clouds, tools, and scale, all developers give more respect as well as do more trust on GitHub. Being a web-based project hosting service, GitHub software attracts millions of developers and open source projects. beyond this, Google, IBM, and Salesforce are the best competitors of Microsoft in the cloud marketplace, but after acquiring GitHub in 7.5$, it gives great compete to all its competitors.
Github is the internet coding era of software development, applications run speed on cloud computing called remote data centers. By delivering the could version of database software and vital office productivity applications, Microsoft becomes the world’s the no. 2 powerful cloud computing services supplier.
Let’s wait for the next comments of Microsoft that what will be the next step they will take and what will be done after this huge announcement.
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