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Microsoft to acquire GitHub

Written by Petteri Pyyny (Google+) @ 04 Jun 2018 2:42 User comments (7)

Microsoft to acquire GitHub Several sources claim that Microsoft is about to announce its acquisition of GitHub later today.
GitHub is a de facto open source distribution and code management service for thousands and thousands of developers and open source projects. Site allows anyone to start a Git code repository for free, invite others to participate and to manage the project development.

For end users, it is also the place to download the latest releases of various open source projects.

According to sources, including Bloomberg, Microsoft has been in talks with GitHub to buy the company. Sources claim that the discussions have reached the point where Microsoft is about to announce its acquisition of GitHub later today.

GitHub's latest funding round back in 2015 valued the company at $2 billion. While Bloomberg doesn't state the price the Microsoft is willing to pay for the service, it is highly likely that the price is much higher than the 2015 valuation.

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7 user comments

14.6.2018 11:31

Microsoft about to acquire GitHub.
So, does that mean open source is now an endangered species?
...I don't like the smell of this, and where it's going.

24.6.2018 13:56

OH MY DEAR GOD.....NO!!!!! The END TIMES!

34.6.2018 15:23

GitHub has been a major staple in the Open Source scene
for so many years... run by Users for Users, Programmers,
and Developers.
I don't know what else to think of this acquisition; so then,
we'll just have to wait and see what becomes of this.
Hopefully this move won't change anything for worse.

45.6.2018 23:38

Microsoft is getting way too big for it's britches.

68.6.2018 13:05

RIP GitHub. Hopefully someone makes a solid backup of the site elsewhere before microsoft makes it little more than a collection of excel scripts.

78.6.2018 13:30

We are Microsoft. Resistance is futile. You will be assimilated.


dances_with_wolves

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