Last week We knew that Microsoft was interested in buying GitHub, and everything pointed to that throughout today Microsoft make this announcement official.
For those who do not know, GitHub is a service that allows developers to host their code in the cloud , using the system that was created by Linus Torvalds (the founder of Linux) in 2005.
A platform with more than 27 million users
The rumors have been confirmed, and Microsoft has paid 7,500 million dollars in shares for taking over a platform that already had 27 million users in March of last year.
In addition to accommodating a large number of open source projects, it is one of the reference sites for developers around the world. Already in 2015, the company was valued at 2,000 million dollars.
Anyway, the company has not gone through its best in recent years . Chris Wanstrath, co-founder and former CEO of GitHub, left his post in August 2017. Since then, they have had trouble finding a successor to help the service continue to grow.
Business Insider pointed a few days ago that one of the requirements to carry out this purchase is that Microsoft allowed them to continue operating as before and respect their independence . Now that this agreement has been made official, we must pay attention to all the details.