Microsoft is acquiring GitHub for $7.5 billion

Microsoft announces that it is acquiring code repository GitHub for $7.5 billion, confirming the recent rumors.

Microsoft has today announced that it is acquiring GitHub for $7.5 billion, confirming recent rumors that had suggested Microsoft was in talks with GitHub for a potential acquisition. According to Microsoft, GitHub is a leading software development platform with other 28 million developers worldwide.

Microsoft CEO Satya Nadella said in a blog post that Microsoft is a developer-focused company that is all in on open source technologies, and reassures developers that Microsoft will take good care of GitHub. Microsoft wants to empower developers at ever stage of the development cycle, increase the use of GitHub with enterprise developers, and bring Microsoft's own developer tools and services to new audiences.

The press release goes on to state that GitHub will continue to operate independently, which may reassure some concerned developers over this acquisition. Microsoft says the acquisition will close later this year, with Nat Firedman heading up the CEO position at GitHub. You can read the full press release below.

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