Microsoft's acquisition of GitHub could be announced as soon as Monday (MSFT)

06 June, 2018, 19:10 | Author: Darrell Baldwin
  • Is Microsoft acquiring GitHub?

USA software giant Microsoft has agreed to acquire the popular code-sharing site GitHub for 7.5 billion US dollars, and the deal is expected to close by the end of 2018, Microsoft CEO Satya Nedalla said Monday.

Microsoft said Monday (June 4) the all-stock deal for GitHub, which is now used by more than 1.5 million companies, is valued at $7.5 billion.

The acquisition isn't a done deal as the purchase needs to go through the necessary regulatory reviews but is expected to close by the end of the year.

GitHub, a San Francisco startup, was founded in 2008 and has grown sharply since announcing its first outside investment in 2012.

First, co-founder Chris Wanstrath has been looking for an exit strategy since August, and the company has struggled to find a replacement or a sound strategy to follow him.

Github has a community of over 28 million developers worldwide.




Nadella has been very vocal about the positive impact that developers make on the society through coding and this is a point that he stressed in 2017 during the Build conference.

Microsoft is already a major GitHub user, reportedly with more than 1,000 employees pushing code to GitHub repositories. "We are the most active organization on GitHub, with more than 2 million 'commits, ' or updates, made to projects". I want to share what this acquisition will mean for our industry and for developers.The era of the intelligent cloud and intelligent edge is upon us.

There's also no indication from GitHub that is has been purchased, however more information should be released today if the deal is in fact set in stone. The growing number of large companies using the site include developers from Facebook (NASDAQ: FB), Microsoft-owned LinkedIn and Twitter (NYSE: TWTR).

GitHub is now without a CEO, after a restructuring aimed at monetizing the site. GitHub executives claim that they were impressed by the support and encouragement he has offered to coders and their initiatives ever since he took over the helm at Microsoft in 2014.

While predecessor Steve Ballmer saw open source as a threat, allowing competitors to compete with its high-end tools off a shared base, Nadella saw that shared base as essential toward driving software forward, and to securing it.

Recommended:

  • Iran's top leader vows response to any attack

    Iran's top leader vows response to any attack

    Khamenei said Iran had no intention of curbing its influence in the Middle East and urged Arab youth to stand up to USA pressure. As for curbing Iran's global influence, the supreme leader stressed that " we will continue our support for oppressed nations ".
    Indian security personnel crush Kashmiri youth under vehicle

    Indian security personnel crush Kashmiri youth under vehicle

    This in the second case in less than a month of a protester being run over by a vehicle belonging to the security forcee. Ahmed's family said he had not been pelting stones and was heading home to the nearby Fatehkadal area on his motorbike.
    How do you spell that word? The most-Googled by state

    How do you spell that word? The most-Googled by state

    When asked at what point he knew he could spell the winning word " koinonia ", the Class 8 student told CNN , "When I heard it". Third place contestant, Abhijay Kodali, is also from Texas. "It's what I've been dreaming of for years now", Nemmani said.
  • Lava destroys hundreds of homes overnight in Hawaii

    Lava destroys hundreds of homes overnight in Hawaii

    Snyder said it was hard to count homes in that area from the air because of steam produced from lava entering the ocean. The area is primarily home to vacation rentals, but there are a lot of permanent residences there too.
    Arm launches

    Arm launches "laptop-class" Cortex-A76 CPU - CPU

    It also promises up to four 4K stream decoding at the same time, or up to 16 streams in Full HD for a 4×4 video wall. The Cortex A76 microarchitecture has been designed with high performance while maintaining power efficiency in mind.
    Gunmen Attacked An Afghan Compound Wearing US Army Uniforms

    Gunmen Attacked An Afghan Compound Wearing US Army Uniforms

    The Islamic State group claimed responsibility for the attack, but did not provide evidence for their claim. Officials said the fighting left one policeman dead and five others wounded.
  • Karnataka must provide security for Kaala: High Court

    Karnataka must provide security for Kaala: High Court

    As a token of great honour to superstar Rajinikanth and as per everyone's request, our company is granting a holiday on June 7. Earlier today, the Supreme Court refused to impose a ban on the film, stating that fans are eagerly waiting to catch the film.
    Russia, Israel Agree To Limit Iran's Presence In South Syria

    Russia, Israel Agree To Limit Iran's Presence In South Syria

    McKenzie said the U.S. troops and their local militia allies were staying in Tanf, quashing rumors of their impending withdrawal. More strikes by United States ally Israel have further raised fears that the devastating seven-year war could still escalate.
    Ian Wright anxious  for England after going into their shell vs Nigeria

    Ian Wright anxious for England after going into their shell vs Nigeria

    Nigeria are set to wear their new shirt when they face England in their World Cup warm-up game at Wembley on Saturday (17:15 BST). Shortly after the break, however, Nigeria pulled a goal back when Alex Iwobi responded quickest to a rebound off the post.
  • Pompeo, N. Korean official open summit prep talks

    Pompeo, N. Korean official open summit prep talks

    Both countries have faced global isolation - North Korea over its nuclear weapons programme and Syria over its civil war. Kim said she was there in April, talking with people about the conversation happening between these two world powers.
    US unemployment falls to nearly 1969 levels; hiring solid

    US unemployment falls to nearly 1969 levels; hiring solid

    As NPR noted , the gap between the overall unemployment rate and the rate among African-Americans has never been smaller. I have no doubt that Trump followers like @billiecat want real change - and real jobs.
    Here's hoping thrilling Stanley Cup final goes distance — TRAIKOS

    Here's hoping thrilling Stanley Cup final goes distance — TRAIKOS

    Capitals forward Evgeny Kuznetsov was injured on a first period hit by Brayden McNabb and didn't return to the game. Guess your first appearance in the Cup Final in 20 years will lead to that, but whatever, Becky.


Popular

This Airline CEO Said Only a Man Can Do His Job
He said: 'Diversity and inclusion are part of our core values and I have no doubt that a woman could carry out my role. When asked about gender inequality at airlines in the Middle East, he retorted: "not in Qatar Airways".

Stephan Lichtsteiner joins Arsenal on free transfer
It is not perhaps the most exciting of signings, a 34-year-old who cost nothing and was allowed to leave by his former club. It might not be glamorous, but in Stephan Lichtsteiner Arsenal have their first signing of the post-Wenger era.

Kim Jong Un said to replace three aging, top military leaders
Trump did say he "probably" would bring up human rights when he meets with the North Korean leader - "and maybe in great detail". Yonhap reported that Kim Yong Chol had transited Beijing on Monday on his way back to Pyongyang from the United States.

As cops close in, suspect in 4 slayings kills self
Two women shot dead in a mysterious homicide have been linked to the slaying of a high-profile JonBenet Ramsey expert. The sergeant said he didn't have information that would indicate a serial killer is behind the shootings.

England beat Nigeria in World Cup warm-up
In the end, neither side could carve out another clear-cut opening as the clash ended 2-1 in favour of England . Southgate said he hadn't clear seen the incident so he didn't want to publicly reprimand Sterling.

China Cuts Tariffs Forward of US Commerce Secretary's Go to to Beijing
Gao said, "The Chinese side will carefully evaluate the US measures and reserves the right to take corresponding measures ". The relationship between Navarro and Mnuchin appears to have been souring for a while over U.S.

Canada Responds To Tariffs
The EU is set to retaliate with tariffs on a range of USA goods, from Harley-Davidson (HOG.N) motorcycles to jeans and bourbon. The list of goods set to get hit by the Canadian tariffs varies from industrial steel to sleeping bags.

Trump takes aim at Canada after Trudeau's retaliation over new U.S. tariffs
He says NAFTA has been "a very lousy deal" for the USA and says, "they're our allies but they take advantage of us economically". President Donald Trump sent a very sharp warning - directed at Trudeau - over the pending NAFTA negotiation.

Twitter Cannot Get Enough of Kanye West’s ‘Ye’
The album art itself is pure Kanye as it features a landscape with the following tagline: "I hate being Bi-Polar its awesome". The rapper is heard saying: "She told you to not do that s**t, she told you that you gon' f**k the money up".

Visa debit cards not working in European-wide outage
The company confirmed that it was suffering an outage and investigating the cause, The Guardian reported. By around 10pm Visa said service returned to normal saying the issue was a result of a hardware failure.