Microsoft's purchase of Github reportedly a done deal


Although details of the deal are not yet available, some sources say the deal could be worth at least $5 billion. Terms of the agreement weren't known on Sunday.

GitHub is "like google docs for developers", allowing them to share and collaborate easily.

Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation.

When contacted about the reported acquisition, a spokesperson for Microsoft told Gizmodo that the company "doesn't comment on rumors or speculation". "But even before Steve left, Microsoft had already embraced the [open-source] concept and Satya Nadella is a big believer, so today, those concerns are largely unfounded".

Why does Microsoft want it?

It has just been announced that Microsoft has acquired GitHub for $7.5 billion in Microsoft stock. But Microsoft has also been skeptical of open-source in the past, as it threatened their business model, which relies on proprietary technology.

GitHub provides an open source database, meaning that it can be used by anyone, featuring codeused by developers and companies, including Microsoft.

If confirmed, the acquisition will concern many developers anxious about what Microsoft will do to GitHub as a service. In the interim, GitHub's Chief Business Officer Julio Avalos joined the company's board of directors and took over much of the day-to-day leadership of the company.

Microsoft, for its part, has slowly been repositioning itself from being focused on the Windows operating system to a broader suite of developer-focused services, including its Azure cloud platform - the largest competitor to Amazon Web Services - and the Cortana AI suite.

Why is everyone so nervous about it?

Bill Gates and Paul Allen co-founded Microsoft with the aim of developing software products for personal computers to give hobbyists an avenue for seamlessly programming their own projects. Last year, Microsoft surprisingly moved to the Git version-control system for Windows development.

The news of the takeover comes at a time when GitHub is reportedly find a replacement for CEO and founder Chris Wanstrath, who announced his resignation past year.