Microsoft Has A Guarantee For Programmers With Github Deal

“Microsoft sent tremors through the open source world last week, when it announced that it would acquire the popular developer platform GitHub for US$7.5 billion in company stock. Microsoft will acquire GitHub subject to closing conditions and completion of regulatory review. The acquisition is expected to close by the end of the calendar year. GitHub, one of the world’s largest computer code repositories, is home to more than 28 million developers for collaboration and distribution of projects.”

Source: TechNewsWorld

Image above is courtesy of Dassatti

Last week it is announced that Microsoft will acquire Github, the deal was expected to close later this year. Many developers have doubts regarding this deal but many experts believe that this is a wise move on Microsoft’s part since it builds a tie up with developers to create and build up their code and then deploy it in the cloud.

Github will remain an independent company with this deal and Nat Friedman will takeover as Github’s CEO and Cofounder Chris Wanstrath will be a technical fellow at Microsoft. I guess we will find out any new development regarding this story in the coming months leading to closing of this deal.