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It’s official: Microsoft has acquired GitHub for $7.5 billion

Monday, June 4, 2018 by Piyush Suthar | Comments

Home News Tech It’s official: Microsoft has acquired GitHub for $7.5 billion

After much speculation, Microsoft has confirmed its acquisition of the social coding platform Github in an all-stock deal worth $7.5 billion. The acquisition is expected to close by the end of the year, subject to regulatory approval. As part of the purchase, Microsoft is installing a new CEO. Former Xamarin chief Nat Friedman will replace the outgoing GitHub CEO and co-founder, Chris Wanstrath. Microsoft says that Wandstrath will join the company as a technical fellow. The deal is unlikely to change the day-to-day running of GitHub. Microsoft says that the service will continue to run independently, and will retain its…

This story continues at The Next Web

Or just read more coverage about: GitHub,Microsoft

Authored by Piyush Suthar
Pro Blogger


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