Microsoft buys code-sharing site Github for $7.5bn

Microsoft buys code-sharing site Github for $7.5bn

More than 28 million developers already collaborate on GitHub, and it is home to more than 85 million code repositories used by people in almost every country. The deal could be announced as early as Monday, Bloomberg reported. The company has since grown to feature video game consoles (Xbox), consumer electronics, personal computers and cloud services (Microsoft Azure).

Word on the street is that Microsoft has been talking to GitHub, the famous code repository company that so many developers use on a regular basis, about a potential purchase. Microsoft is a company focused on selling proprietary software, where as GitHub has always been a friend of open source, offering free accounts to such projects. Some, noting changes happening at the company since Satya Nadella became CEO in 2014, said they believed Microsoft would be a good steward for GitHub.

If confirmed, the acquisition will concern many developers anxious about what Microsoft will do to GitHub as a service. It claims some of the biggest customers in the technology industry, including Apple Inc., Facebook Inc., Google Inc., IBM Corp. and many more.

Others wondered about Microsoft's renewed power in software, particularly since Microsoft also owns LinkedIn, potentially giving it a huge leg up in the field of technical recruiting. It's also a social network of sorts for developers. GitHub was valued at $2 billion in 2015, but it's no stranger to poor performance. Former Xamarin chief Nat Friedman will replace the outgoing GitHub CEO and co-founder, Chris Wanstrath.

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GitHub will continue to operate as is, with its 28 million-strong developer community given complete freedom to use any operating system or tools that they want.

There have always been rumors that Microsoft has an interest in buying GitHub, but in recent weeks it seems that talks between the two companies have been getting more serious.

GitHub hosts 27 million software developers working on 80 million repositories of code.

Over on The Register, results of a poll suggest that people are less than keen on the idea of Microsoft snapping up GitHub. If it's not making money, some bigger company will have to buy it to keep it afloat.

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