Published: Mon, June 04, 2018
IT | By Emmett Cole

Microsoft in Talks to Buy GitHub

Microsoft in Talks to Buy GitHub

There have always been rumors that Microsoft has an interest in buying GitHub, but in recent weeks it seems that talks between the two companies have been getting more serious. Its co-founder, Tom Preston-Werner, resigned in 2014 after harassment allegations surfaced.

Microsoft declined to comment, and GitHub representatives didn't immediately respond to a request for comment.

The deal comes amid recent deal talks reported by Business Insider and could be announced as soon as Monday.

Back in 2015, GitHub was valued at around $2 billion, and it's safe to assume that this would have increased over the course of three years.

The reports that Microsoft has signed a deal to acquire Github come just weeks after the technology giant said the company had struck a new deal with the Git repository operator.

The interest that the tech giant Microsoft has for GitHub is not new since throughout these years there have been many rumours about conversations about a purchase agreement.

However, CNBC mentions that the acquisition would be for a price of 5000 million dollars or more, according to the expectations of GitHub. In short, GitHub is a big part of modern software development. Github gave smaller, growing companies a way to implement some of the best practices in place at tech conglomerates while finding and contributing to the open-source projects that changed the way software was developed.

The company has been searching for a permanent CEO for nine months, following cofounder Chris Wanstrath's decision to step down from the top job in August.

Now even the big companies of our day, including Microsoft, use Github as an important tool in their software development processes.

In early May, Microsoft revealed a new partnership with GitHub that was meant to bring the power of Azure DevOps services to GitHub users. Assuming they have the in-house expertise, software teams could simply use the Git project on hosted or cloud services to manage the version control process themselves, although that would involve sacrificing some of the flexibility provided by the Github user interface.

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