Microsoft closes its $7.5B  purchase of code-sharing platform GitHub

Microsoft closes its $7.5B purchase of code-sharing platform GitHub

5 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/10/26/microsoft-closes-its-7-5b-purchase-of-code-sharing-platform-github/

After getting EU approval a week ago, today Microsoft’s acquisition of GitHub, the Git-based code sharing and collaboration service with 31 million developers, has officially closed. The Redmond, WA-based software behemoth first said it would acquire GitHub for $7.5 billion in stock in June of this year, and after the acquisition closed it would continue to run it as an independent platform and business.

The acquisition is yet another sign of how Microsoft has been doubling down on courting developers and presenting itself as a neutral partner to help them with their projects.