Microsoft Acquires Github for 7.5 Billion Dollars

Microsoft acquires Github

Silicon Valley-based software giant Microsoft has officially acquired Github, a large online code repository that is very popular among indie developers and even large companies to host entire projects. Many big tech firms, including Google, Apple, and Amazon, use Github to host their projects. The CEO of the company, Satya Nadella, made it official that tech giant has acquired it for $7.5 billion on Monday, 4th June 2018. The online code repository was last valued at $2 billion, back in the year 2015. #

According to the contract which will be finalized by the end of the year, it will be led by Nat Friedman, the founder of Xamarin. Nat is further instructed to report to Scott Guthrie, Microsoft’s Cloud and AI chief. Github’s original co-founders and executives will now hold the position of a technical fellow at Microsoft and also report directly to Guthrie.

Over 1000 of the company’s employees actively use Github and input large amounts of code in the repositories. Moreover, Microsoft is not a trusted name among the developers. The company saw the opportunity to earn the respect of large numbers of developers who use the Github.

“We will accelerate enterprise developers’ use of GitHub, with our direct sales and partner channels and access to Microsoft’s global cloud infrastructure and services,” quoted Satya Nadella, Microsoft’s CEO in regards to the company’s plans with the code repository.

On the other hand, developer’s are already raising their concerns against Microsoft acquiring the online code repository. Microsoft is notorious to strip down a company from its originality, be it Skype or Nokia’s phone business. When the news surfaced, Github witnessed a 10x increase in the number of developers leaving it and shifting to other repositories. It’s not a good sign for either of the companies.

There are a lot of questions that are raised in regards to the future of Github. But only time can answer these questions.

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