Microsoft buys code-sharing site GitHub for $7.5b

News Microsoft buys code-sharing site GitHub for $7.5b


Becky

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Becky submitted a new article:

Microsoft buys code-sharing site GitHub for $7.5b - GitHub is a crucial part of the programming industry, and will continue to operate independently

GitHub was launched just over 10 years ago and has since established itself as the world's leading software development platform. It seems that Microsoft have also seen the value in this company, and today they announced that they had reached an agreement to acquire GitHub for $7.5 billion (£5.6 billion) in Microsoft stock. The deal is expected to complete before the end of the year.

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Chris Wanstrath, Github CEO and co-founder (left), Satya...
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I do not like the idea of Microsoft encroaching on Linux, I have a bad feeling it will end badly.:cry:
 

Abarbarian

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Microsoft may have just made the biggest financial mistake ever. Developers may just stir themselves and swap to another code hosting repository, and there are very usable alternatives. If that happens the value of Git-Hub will plummet.
Microsoft bought Git-Hub to make money and promote their own products and to steer or force folk to use their products. If you think otherwise then you are a fool, a Leopard does not change it's spots.
:cool:
https://www.theregister.co.uk/2018/06/04/nadella_tells_worried_github_devs_judge_us_by_our_actions/

Finally, it's probably worth pointing out a Freudian slip from soon-to-be CEO Nat Friedman. His company was bought by Microsoft just two years ago and he went to some trouble to go through his open source credentials.

But whenever he talked about the future of GitHub, he used the word "we" repeatedly: not "we" the open source community, or "we" the GitHub and Microsoft teams, but "we" the people who are employed by Microsoft.
Oh, did we mention that there was no question-and-answer session at the end of the call? Can't imagine why.
 

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