Microsoft agrees to acquire coding website Github

Posted June 04, 2018

And CNBC appears to have confirmed the report, noting that "one person familiar with the discussions [said] that the companies had been considering a joint marketing partnership valued around $35 million, and that those discussions had progressed to a possible investment or outright acquisition". Instead, the company has been working closely with open source community and releasing its software code to the public.

The change may have occurred when CEO of GitHub, Chris Wanstrath stepped down in August 2017.

Microsoft has reportedly held talks about a potential acquisition of GitHub, reports Business Insider.

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The deal is expected to help Microsoft by adding programming tools and partner with a company that has become a key way in how Microsoft writes its software. Many corporations, including Microsoft and Alphabet Inc.'s Google, use GitHub to store their corporate code and to collaborate.

Despite all those users, Github was not making money, and it probably wasn't long for the world as a independent company.

Microsoft, on the other hand, has been looking towards more open source solutions. Although there are no confirmations from either party, the sources of Business Insider, assure that GitHub would be willing to carry out an agreement, if certain conditions are respected. If Microsoft has shown anything over the last few years since CEO Satya Nadella took control, it's shown a commitment to meeting developers where they are, rather than forcing them onto Microsoft owned-and-controlled technologies. It's also worth mentioning that this isn't the first time Microsoft approached the coding company with an intention to buy it. As news of the pending deal broke on Sunday, developer Twitter was full of worries about one of the biggest companies on the planet - a software giant that was once prosecuted by the government for abusing its power - controlling the biggest repository of software on the planet.