Microsoft has reportedly acquired GitHub

Microsoft has reportedly acquired GitHub

Microsoft has reportedly acquired GitHub

A report from Bloomberg has stated that Microsoft has agreed to acquire GitHub for an undisclosed amount, a company which hosts source code for open source software from across the world, including software from Google, Apple, Amazon and AMD. 

Since taking on Satya Nadella as CEO, Microsoft has rapidly invested in open source technology, opening up their PowerShell, Visual Studio Code and the JavaScript Engine for their Edge browser. Microsoft’s GitHub acquisition will likely integrate the software giant future software developments further into the service. 

Today, Microsoft is GitHub’s top contributor, making their acquisition seem like a logical decision for both parties. So far, GitHub has remained unprofitable on its own, despite the service’s valuation of $2 billion in 2015. Last year, Microsoft closed down CodePlex, their own Open Source software collaboration platform, though it failed to gain the mainstream popularity of GitHub.  

Microsoft has reportedly acquired GitHub  

Bloomberg has estimated that Microsoft may announce their acquisition later today, so expect more information in the near future. 

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