Technology Transformation: Microsoft Acquires GitHub for $7.5 Billion
In June 2018, Microsoft announced the acquisition of GitHub, the world's largest code hosting platform, for a $7.5 billion all-stock deal. This acquisition stunned the developer community as it symbolized the complete embrace of the open-source ecosystem by Microsoft, which had previously been viewed as "anti-open source," under the leadership of its new CEO, Satya Nadella.
BUSINESSES RESHAPING OUR WORLD
global n press
6/30/20181 min read
In June 2018, Microsoft announced the acquisition of GitHub, the world's largest code hosting platform, for a $7.5 billion all-stock deal. This acquisition stunned the developer community as it symbolized the complete embrace of the open-source ecosystem by Microsoft, which had previously been viewed as "anti-open source," under the leadership of its new CEO, Satya Nadella.
This strategic acquisition solidified Microsoft's position in cloud computing (Azure) and developer relations within the technology sector, ensuring its dominance in the core infrastructure of the future industry of software development and collaboration.
