Microsoft to acquire GitHub for US$7.5 billion in stock

Lindsay James
Lindsay James
By Lindsay James on 04 June 2018
Microsoft to acquire GitHub for US$7.5 billion in stock

Microsoft has signed an agreement to acquire GitHub, the software development platform used by over 28 million people.

According to a Microsoft press release, the acquisition will enable developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of GitHub and bring Microsoft’s developer tools and services to new audiences.

“Developers will be at the centre of solving the world’s most pressing challenges,” said Satya Nadella, Microsoft CEO, in an official blog post. “However, the real power comes when every developer can create together, collaborate, share code and build on each other’s work. In all walks of life, we see the power of communities, and this is true for software development and developers.

“That is why we are so excited about today’s announcement. More than 28 million developers already collaborate on GitHub, and it is home to more than 85 million code repositories used by people in nearly every country. From the largest corporations to the smallest startups, GitHub is the destination for developers to learn, share and work together to create software. It’s a destination for Microsoft too. We are the most active organisation on GitHub, with more than 2 million ‘commits’, or updates, made to projects.”

Under the terms of the agreement, Microsoft will acquire GitHub for US$7.5 billion in Microsoft stock. Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year.

GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects and will still be able to deploy their code to any operating system, any cloud and any device.

Microsoft corporate vice president Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of GitHub CEO. GitHub’s current CEO, Chris Wanstrath, will become a Microsoft technical fellow, reporting to executive vice president Scott Guthrie, to work on strategic software initiatives.

“I’m extremely proud of what GitHub and our community have accomplished over the past decade, and I can’t wait to see what lies ahead. The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said. “Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere.”

“…we recognise the responsibility we take on with this agreement,” Nadella concluded. “We are committed to being stewards of the GitHub community, which will retain its developer-first ethos, operate independently and remain an open platform. We will always listen to developer feedback and invest in both fundamentals and new capabilities.

“Together we will continue to advance GitHub as a platform loved by developers and trusted by organisations.”

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