Microsoft has agreed to acquire GitHub, the leading software development platform. More than 28 million developers use GitHub, and it is home to more than 85 million code repositories.
In an accompanying blog post Satya Nadella, CEO, Microsoft said that the company is the most active organisation on GitHub, with more than 2 million “commits,” or updates, made to projects.
Together, the two companies will empower developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of GitHub, and bring Microsoft’s developer tools and services to new audiences.
“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” said Nadella. “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 challenges.”
In the blog post Nadella elaborated, "... developers will be at the centre of solving the world’s most pressing challenges. However, the real power comes when every developer can create together, collaborate, share code and build on each other’s work. In all walks of life, we see the power of communities, and this is true for software development and developers."
Under the terms of the agreement, Microsoft will acquire GitHub for US$7.5 billion in Microsoft stock.
Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year.
GitHub will retain its developer-first ethos and operate independently to provide an open platform for all developers in all industries. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects — and deploy their code to any operating system, any cloud and any device.
Microsoft Corporate VP Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of GitHub CEO, and will continue to report to Microsoft Cloud + AI Group Executive VP Scott Guthrie.
GitHub’s current CEO, Chris Wanstrath, will become a Microsoft Technical Fellow, also reporting Guthrie, to work on strategic software initiatives.
“I’m extremely proud of what GitHub and our community have accomplished over the past decade, and I can’t wait to see what lies ahead. The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said.
“Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere.”
GitHub is home for modern developers and the world’s most popular destination for open source projects and software innovation. The represents more than 1.5 million companies across healthcare, manufacturing, technology, financial services, retail and more.
Upon closing, Microsoft expects GitHub’s financials to be reported as part of the intelligent cloud segment.
Details:
Read the blog post at https://blogs.microsoft.com/blog/2018/06/04/microsoft-github-empowering-developers/
In an accompanying blog post Satya Nadella, CEO, Microsoft said that the company is the most active organisation on GitHub, with more than 2 million “commits,” or updates, made to projects.
Together, the two companies will empower developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of GitHub, and bring Microsoft’s developer tools and services to new audiences.
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| Source: Microsoft. From left: Chris Wanstrath, CEO and Co-founder, Github; Satya Nadella, CEO, Microsoft; and Nat Friedman, Corporate VP, Developer Services, Microsoft. |
“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” said Nadella. “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 challenges.”
In the blog post Nadella elaborated, "... developers will be at the centre of solving the world’s most pressing challenges. However, the real power comes when every developer can create together, collaborate, share code and build on each other’s work. In all walks of life, we see the power of communities, and this is true for software development and developers."
Under the terms of the agreement, Microsoft will acquire GitHub for US$7.5 billion in Microsoft stock.
Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year.
GitHub will retain its developer-first ethos and operate independently to provide an open platform for all developers in all industries. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects — and deploy their code to any operating system, any cloud and any device.
Microsoft Corporate VP Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of GitHub CEO, and will continue to report to Microsoft Cloud + AI Group Executive VP Scott Guthrie.
GitHub’s current CEO, Chris Wanstrath, will become a Microsoft Technical Fellow, also reporting Guthrie, to work on strategic software initiatives.
“I’m extremely proud of what GitHub and our community have accomplished over the past decade, and I can’t wait to see what lies ahead. The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said.
“Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere.”
GitHub is home for modern developers and the world’s most popular destination for open source projects and software innovation. The represents more than 1.5 million companies across healthcare, manufacturing, technology, financial services, retail and more.
Upon closing, Microsoft expects GitHub’s financials to be reported as part of the intelligent cloud segment.
Details:
Read the blog post at https://blogs.microsoft.com/blog/2018/06/04/microsoft-github-empowering-developers/
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