Official News: Microsoft Acquired GitHub for $7.5 Billion

This article examines Official News: Microsoft Acquired GitHub for $7.5 Billion. It presents the main facts, practical implications, and key points in a clearer, easier-to-follow format.

Understanding Official News

Microsoft recently announced the price they spent to buy the $7.5 billion GitHub source store page at Microsoft 's stock price. Although rumors have been circulating since Friday but not until Monday morning (US time, which is past Vietnamese time), the confirmation of the deal has been officially announced.

According to Microsoft's statement, the purchase is still through revaluation of regulations and other work in the final delivery, but is expected to end by the end of the year. After finishing, Microsoft vice president and founder of Xamarin Nat Friedman will hold the position of CEO and current CEO of GitHub Chris Wanstrath will switch to other pieces of Microsoft software initiatives.

'Microsoft is the leading company for developers, when combined with GitHub we reinforce our commitment to freedom, openness and creativity for developers,' said Satya CEO Nadella. 'We are aware of our community responsibilities and will do the best for each developer to build, create, and solve the world's most painful challenges.'.

Developers are concerned about Microsoft acquiring GitHub.

As Microsoft aims to develop open source software and integrate open source projects into Windows, many developers are concerned that the deal will give Microsoft access to millions of individual projects. Storing on GitHub. Many developers may leave GitHub.

Who is happy who is sad when this deal is completed?

Ever since the news of the deal, many projects have been transferred to Gitlab, a service similar to GitHub. It is still too early to tell whether the trend of the day will continue as the news is now officially announced.