Economy

Microsoft in talks to buy GitHub, valued at $2 billion

Microsoft in talks to buy GitHub, valued at $2 billion

In August 2017, CEO Chris Wanstrath announced he would step down.

By acquiring GitHub, Microsoft will have access to over 27 Million software developers many of whom are not thrilled by the acquisition for it might hinder decentralization of code which is one of the chief reasons that the platform thrives.

Two days ago we reported on a rumour that Microsoft was in talks to purchase Github, but that Microsoft was reportedly baulking at Github's $5 billion asking price. Lowering the pricing on private accounts would also be a positive. The vast majority of those use the site for free, with the trade-off being that the code they share must remain public. "Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects", it added.

GitHub may soon fall under the wide umbrella of Microsoft. The Windows maker is one of the largest contributors to GitHub.

In many ways, Microsoft's acquisition of GitHub is a move back to its roots as a company founded to help people make use of the MITS Altair, a consumer-oriented micro-computer kit. That's because there is a lot of distrust of Microsoft in this cohort, which is understandable given Microsoft's history.

More news: Thousands of acres ablaze in Colorado, New Mexico

Credible sources indicate that the deal could be announced as early as today, Monday June 4th. Some developers (not just those working in open source) were not wasting time even to wait for a confirmation of the deal before migrating.

Larry Salibra, a Hong Kong-based engineer at Blockstack, which posts its open-source software on GitHub, says that GitHub's trove of data makes it a valuable target for Microsoft, possibly at the expense of developers.

Since Satya Nadella took over as CEO at Microsoft, the OS maker has been refocusing its efforts on strengthening its cloud-based services and having a larger presence on the open-source market.

Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation. It claims some of the biggest customers in the technology industry, including Apple Inc., Facebook Inc., Google Inc., IBM Corp. and many more.


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