Microsoft to Acquire GitHub for 7.5 billion

[anon56864026]

REDMOND, Wash. — June 4, 2018 — Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world’s leading software development platform where more than 28 million developers learn, share and collaborate to create the future. 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 Satya Nadella, CEO, Microsoft. “We recognize 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.”

Under the terms of the agreement, Microsoft will acquire GitHub for $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.[…]

news.microsoft.com/2018/06/04/m … 5-billion/

I am very excited to announce that Microsoft is acquiring GitHub and expect the agreement to close by the end of the year. While it will still take a few months to finalize, we wanted to share the news as soon as we were able.

When GitHub first launched ten years ago, I could have never imagined this headline. Git was a powerful but niche tool, clouds were just things in the sky, and Microsoft was a very different company. Open source and business, people said at the time, mixed as well as oil and water.

We disagreed. As developers, we knew this was a false dichotomy—we had been using open source software successfully in a business setting for a long time. What we really needed was an easier way to work with others regardless of whether the code was public, private, or something in-between. We wanted to do it using Git, we wanted anyone in the world to be able to join in, and we didn’t want it to cost a dime if it was open source. So we created GitHub.[…]

blog.github.com/2018-06-04-github-microsoft/

[AmberV]

One word: GitLab.

[nontroppo]

A thoughtful positive opinion piece from Ars Technica:

arstechnica.com/gadgets/2018/06 … -solution/

I am staying with Github for the moment…

[anon56864026]

European Commission - Press release
Mergers: Commission approves acquisition of GitHub by Microsoft

Brussels, 19 October 2018

The European Commission has approved under the EU Merger Regulation the proposed acquisition of GitHub by Microsoft. The Commission concluded that effective competition in the relevant markets would continue and Microsoft would have no incentive to undermine the open nature of GitHub’s platform.[…]

europa.eu/rapid/press-release_IP … ?locale=en