Microsoft Acquires GitHub For $7.5 Billion

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Courtesy : Github

U.S tech giant Microsoft confirms it’s acquiring GitHub– a code respiratory company founded in 2008- for 7.5 Billion $ in a blog post. GitHub is a code-respiratory company popular with many software developers. Many software companies like Google, Apple , Amazon use GitHub for hosting entire projects, documentation etc. Microsoft acquire Israeli startup Cloudyn in June 2017 . Microsoft also acquires Linkedin after Satya Nadella became CEO of Microsoft and the deal was around $26.2 billion.

About GitHub

GitHub inc is a web-based hosting service for version control using Git. It was founded in February 8,2008. As of 2017, GitHub having 20 million active users and 57 million repositories. It makes GitHub the largest host of source code in the world. On June 4,2018 , Microsoft announced its intent acquire GitHub for US$7.5 billion. Under Microsoft, GitHub will be led by Xamarin founder Nat Friedman, who will report to Microsoft Cloud and Artificial Intelligence(AI) executive vice president Scott Guthrie.

What Developers Think?

GitHub is an open source company but Microsoft is not. But Microsoft said in a statement “ GitHub will remain an open platform, which any developer can plug into and extend,”

“We are committed to being stewards of the GitHub community, which will retain its developer-first ethos, operate independently, and remain an open platform,” – Microsoft Said

GitHub CEO and Cofounder Chris Wanstrath said Microsoft has done great work with open software and GitHub will remain as an open platform just like it right now.

However, developers are not happy with the GitHub acquisition even after Microsoft assurance. Large number of developers started migrating their project to other alternatives of GitHub like GitLab. GitLab is one of the best alternative of GitHub which is also an open platform which has both free and paid versions. GitLab also announced 75% discount for new users who helped the #movingtogitlab phase trend on twitter, a micro blogging site. Over 13,000 projects have been migrated to GitLab from GitHub after the acquisition news came out.

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