Microsoft Reportedly Set to Acquire GitHub, Deal Could Happen Later Today
04 June, 2018, 21:27
Immediately upon announcing the deal, Microsoft sought to assure users that GitHub "will operate independently to provide an open platform for all developers in all industries", addressing concerns about the possibility of Microsoft using the acquisition to give itself an unfair advantage or change how GitHub operates.
Business Insidersreports that GitHub was exploring the option of a potential IPO six months ago, but the company is said to be "impressed" by Microsoft CEO Satya Nadella, who has embraced open-source initiatives during his four years as head of the company.
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.
But even as Ballmer celebrated the developers building proprietary software for Microsoft, in the early 2000s he and his executive team were highly critical of the kind of open-source program built in GitHub today.
GitHub was last valued at $2 billion in its last funding round in 2015, but the price tag for an acquisition could be $5 billion or more, based on a price that was floated previous year. Nat has a ton of experience with software and the open source software community, having co-founded Xamarin and worked on numerous open source projects over the years, and is the flawless person to help GitHub grow and continue to make life better for developers.
Syria's President Assad 'to visit North Korea' Whether such projects will amount to anything hinges on whether the Trump-Kim meeting even takes place next week in Singapore. Assad was quoted as saying: "I am going to visit the Democratic People's Republic of Korea (DPRK) and meet Kim Jong-un".
It's believed the acquisition came about from initial talks around Microsoft and GitHub partnering up. Developers can then work together and build on code that's already been developed.
This is just the latest of Microsoft's efforts to connect with the developer community.
Satya Nadella, Microsoft CEO, speaks May 7 during a conference in Seattle. Users can pay for private accounts, while larger companies can pay more for the ability to hostGitHub's platform on their own private servers.
The all-stock deal is expected to close by the end of 2018. For one, Nadella reiterated GitHub staying open source, and continuing to "empower developers at every stage of the development lifecycle". GitLab, an open-source alternative to GitHub, is reporting 10x the normal daily amount of created repositories. Last August, the company said it wanted a replacement for CEO Chris Wanstrath - one of GitHub's founders. That's easy if it's a relatively simple tool that's meant to run on a single PC, but it's a lot harder if it's a massively complex open source infrastructure tool that's meant to run on a massive public cloud like Amazon's, Microsoft's, or Google's. Microsoft could also use data from GitHub to improve its artificial intelligence producs.