Microsoft confirms it’s acquiring GitHub for $7.5 billion

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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.
GitHub is a vast code repository that has become popular with developers and companies hosting their projects, documentation, and code. Apple, Amazon, Google, and many other big tech companies use GitHub. Microsoft is the top contributor to the site, and has more than 1,000 employees actively pushing code to repositories on GitHub. Microsoft even hosts its own original Windows File Manager source code on GitHub. The service was last valued at $2 billion back in 2015, but it’s not clear exactly how much Microsoft has paid to acquire GitHub.

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