Microsoft today announced (opens in new tab) it has completed its acquisition of GitHub, bringing to a close a process that began in June. The $7.5 billion deal will see the GitHub team come under Microsoft's wing with Microsoft Corporate Vice President Nat Friedman taking over as CEO.
The news comes just a week after the European Union approved the deal, ruling that the merged entity wouldn't post any major concerns over competition. The commission's ruling stated:
Under Friedman's watch, Microsoft will continue to operate as an independent entity. In a statement announcing the completion of the deal, Microsoft said:
In a blog post celebrating the news, Friedman provided a look at the areas we can expect GitHub to focus on going forward:
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Great news. Because Microsoft's prior $7 billion acquisition worked out so well.
LinkedIn is prospering, minecraft is super popular and doing well too. Got to look at the bigger picture and not just individual acquisitions.
This is an intresting one as I don't see what Microsoft get out of this deal. I'm sure there is something though. Seen mixed feeling on this though so be intresting to see if people stay with this platform for development or move on.
I think what Microsoft gets out of the purchase is that no other corporation, particularly Google, can get control of the service that Microsoft has been using so heavily. And it can assure financial stability for this important service. That said, when the purchase was announced the tech media was full of the usual faux outrage we often see about Microsoft. All of these, notably always anonymous, developers would be leaving Git Hub for its smaller competitors because...well, that was always kind of vague, but presumably related to former Microsoft executives saying mean things about open source software years ago. And today Git Hub announced they have gained 2 million more users since the acquisition was announced. So much for all those click bait headlines. I think it is fair to remember that Microsoft has had some badly handled acquisitions: aQuantive and Nokia come to mind. But in the Nadella era, the Mojang and Linked In acquisitions have gone well, as well as the many smaller ones.
Are thanks for the reply good to know.
They saved it from being owed by a Google.
Thanks for saving GitHub Microsoft!
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