Microsoft Is Paying $7.5 Billion To Buy GitHub
It is a done deal that Microsoft has finally acquire GitHub, for $7.5 Billion after many rumours and waiting to hear the final result of the two companies controversy, Microsoft has now obtained GitHub.
Developers all around the world have projects on GitHub either stored, shared or even processing ones and this new deal has put many people to the saying of “am leaving GitHub to GitLab” everyone is feeling insecure with Microsoft bought GitLab.
Rumour was going round weeks ago that Microsoft is pushing to buy GitHub and its now for real that its a done deal one way or the other, the company which worth $2billion three years ago (2015) could worth $5billion today.
We believe Microsoft has seen the future of this developer’s tools company that has been helping regarding young developers including experts to save, share and even discuss code to build project with different people around the world on the platform and make it accessible to other developers to use.
GitHub has contributed to building the developer’s community all around the world with their amazing tools that allow people to access projects that have been done by someone to speed up theirs. It encourages people to build projects and solve problems efficiently.
From the past, we heard someone who is very close to the conversation between the two super companies told CNBC that they are considering a joint marketing partnership that valued around $35 million, we believe those discussions progressed to be a possible investment or maybe outright acquisition.
Microsoft has in the past flirted with the talk to buy GitHub in 2016, and the report states that GitHub denied those talks.
It’s a big shot for Microsoft because it could use available data on GitHub to improve its Artificial Intelligence products and the new deal would give Microsoft another connection value to get the developers it needs to build applications on their various platforms include its Azure Cloud platform.