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Microsoft Acquires GitHub?

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In a move that could significantly shake up the software industry, reports are emerging that Microsoft may have acquired GitHub, and that an announcement to that effect could be made on Monday (4th June). A 2015 valuation of GitHub put it at USD $2 billion, but it's not clear at what price Redmond struck this deal. GitHub had been struggling for the past few quarters and hadn't appointed a full-time CEO since the departure of Chris Wanstrath in August 2017.

This deal could have sweeping ramifications on the software industry because proprietary software companies use GitHub for private repositories of software source-code, so their developer teams spread across the globe could collaborate (they now have to content with Microsoft owning GitHub); and for ideologically-charged free software (and OSS) developers to continue to run their projects on GitHub. Microsoft has been a top contributor on GitHub, with over 1,000 employees pushing code to public and non-public projects on the platform.

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