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Microsoft Agrees to Acquire GitHub... for $7.5 Billion [Updated]

posted by chromas on Monday June 04 2018, @01:40PM   Printer-friendly
from the versionctlâ €-altâ €-del dept.

takyon writes:

[Update 20180604 @ 14:00 UTC: Acquisition confirmed. Microsoft is paying $7.5 billion in stock. Coverage at Microsoft, Security Week, The Register, and The Verge. Also, see the Microsoft blog post. --martyb]

Microsoft has reportedly acquired GitHub

Microsoft has reportedly acquired GitHub, and could announce the deal as early as Monday. Bloomberg reports that the software giant has agreed to acquire GitHub, and that the company chose Microsoft partly because of CEO Satya Nadella. Business Insider first reported that Microsoft had been in talks with GitHub recently.

Time to move off GitHub?

Previously: Microsoft Holds Acquisition Talks with Github

An AC also submitted Bloomberg's article.

Original Submission #1  Original Submission #2 

 
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  • (Score: 2) by c0lo on Monday June 04 2018, @06:39PM (4 children)

    by c0lo (156) Subscriber Badge on Monday June 04 2018, @06:39PM (#688490) Journal

    and to be perfectly honest, thanks MS - without that windfall of cash in his pocket this new business may never have been founded!

    Misdirected thanks. The first to buy Skype was eBay, in September 2005, for $2.6 billion in cash and stock [wikipedia.org].

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  • (Score: 2) by FatPhil on Monday June 04 2018, @09:21PM (3 children)

    by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Monday June 04 2018, @09:21PM (#688578) Homepage
    Yeah, but the new business was only founded in 2013-ish, so I think it was the 2011 $8.5B kerching that I should be thankful for.
    --
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    • (Score: 2) by Gaaark on Monday June 04 2018, @11:02PM (2 children)

      by Gaaark (41) on Monday June 04 2018, @11:02PM (#688624) Journal

      Care to share the business model/plans...?

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      • (Score: 2) by FatPhil on Tuesday June 05 2018, @06:32AM (1 child)

        by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Tuesday June 05 2018, @06:32AM (#688741) Homepage
        Every male's dream - a craft brewery!
        --
        Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves

        • (Score: 2) by Gaaark on Tuesday June 05 2018, @10:55AM

          by Gaaark (41) on Tuesday June 05 2018, @10:55AM (#688800) Journal

          Yuuup!
          Nice! :)

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