Microsoft Purchases Github for $7.5bn
Github, the infamous home for coders to share and collaborate on projects has been snapped up by Microsoft in a $7.5bn all-stock deal.
The platform, based in San Francisco, allows coders to collaborate together on projects and is utilised by companies big and small across the world, including the major players such as Microsoft themselves.
Microsoft have said that Github would continue to run independently to Microsoft, comprising of some 28 million developers, Microsoft’s chief executive Satya Nadella said in a statement; “We recognise the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenge.”
A blessing or a curse?
Developers look on nervously to see what Microsoft’s plans are for acquiring Github, although they’ve stated it’s to combine the two companies “commitment to developer freedom”, it’s a bold move, and follows the closure of Microsoft’s opposing service, Codeplex, conceding to the fact that Github had become the place to be for open-source projects.
Github’s purchase is another in a string of Microsoft Tech Purchases in the past 4 years;
- Mojang (2014) $2.5bn – Swedish developer of the video game Minecraft
- N-trig (2015) $200m – Israeli digital pen company, whose technology is used in Microsoft’s Surface Pen
- Adallom (2015) $320m – Israeli cloud security start-up
- Touchtype (2016) $250m – UK-based artificial intelligence firm behind the Swiftkey predictive keyboard
- LinkedIn (2016) $26bn – California-based social network for professionals
- AltSpaceVR (2017) undisclosed sum – California-based virtual reality social network
- Semantic Machines (2018) undisclosed sum – California-based “conversational AI” developer
Only time will tell as to what Microsoft plans to do with Github to make it worthwhile to invest $7.5bn into it.