Microsoft revealed earlier this year that it’s acquiring GitHub for $7.5 billion. Today, the software maker is confirming that this big acquisition is complete. Microsoft will operate GitHub independently as a business, to keep its platform and community in place and to allow the service to “retain its product philosophy.”
As Microsoft’s GitHub CEO, Nat Friedman, commented in a blog post announcing the completion of the deal, “Our vision is to serve every developer on the planet, by being the best place to build software. This is a dream opportunity for all of us at GitHub, and we couldn’t be more excited to roll up our sleeves and start this next chapter.”
GitHub is a large code repository that is a popular resource for developers and companies for hosting projects, documentation, and code. Apple, Amazon, Google, and many other big tech companies use GitHub. While there has been some opposition to Microsoft’s GitHub deal, it appears that most developers are adopting a wait and see approach to how Microsoft will handle GitHub.
Friedman had previously promised “We are not buying GitHub to turn it into Microsoft.” Still, alongside its $26.2 acquisition of LinkedIn, Microsoft now has a unique insight into developers and the tech industry job market. Many will question what Microsoft expects from its $7.5 billion investment, and the company will now be able to move ahead with its plans for GitHub and reassure its community of more than 28 million developers.