Rumors were flying last week that Microsoft had plans to acquire the development platform GitHub. Today details were released proving that rumor true and and detailing just how much the coding site was acquired for.

Microsoft released the news this morning on their site.

Microsoft will acquire GitHub for $7.5 billion in Microsoft stock, under the terms of the agreement.

According to Microsoft, “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 CEO Satya Nadella said, “Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation. 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.”

TechCrunch stated in an article, “Microsoft expects the acquisition to close by the end of the year, barring any regulatory roadblocks.” The article also discusses how previous Xamarin CEO Nat Friedman who is now a Microsoft Corporate Vice President will become GitHub’s new CEO.

About GitHub and Microsoft:

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. We foster a collaborative community that can come together — as individuals and in teams — to create the future of software and make a difference in the world.

Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Did you like this?
Tip Jason Franklin with Cryptocurrency

Bitcoin
Bitcoin Cash
Ethereum
Litecoin

Donate Bitcoin to Jason Franklin

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to Jason Franklin

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet

[X] Click Here to Hide Donation Details

Donate Ethereum to Jason Franklin

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet

[X] Click Here to Hide Donation Details

Donate Litecoin to Jason Franklin

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet

[X] Click Here to Hide Donation Details

Donate Monero to Jason Franklin

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet

[X] Click Here to Hide Donation Details

Donate ZCash to Jason Franklin

Scan the QR code or copy the address below into your wallet to send some ZCash:

[X] Click Here to Hide Donation Details

Jason Franklin

Jason Franklin is a forward thinker, servant leader, technology enthusiast and humanitarian. His mission is to make a positive impact on humanity and the world a better place.

Jason is involved in technology, startups, energy, real estate, science, philosophy, volunteering and outreach.