Under the terms of the agreement, Microsoft will acquire GitHub for $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.
Microsoft has acquired GitHub for $7.5 billion in stock
Microsoft has agreed to pay $7.5 billion in stock to acquire GitHub, giving the Redmond tech giant new inroads to more than 28 million software developers who use the popular software development platform and coding community.
Microsoft stock is up slightly on the news in early trading, after closing above $100/share for the first time last week. The company has more than $132 billion in cash and short-term investments, but its soaring stock price gives the company even more flexibility to fund its big moves, as evidenced by this all-stock deal.
The news broke this morning that Microsoft Corp [MSFT] has acquired leading software project collaboration and sharing service GitHub for $7.5 billion in stock. There are a lot of pro and con arguments making the rounds, but we believe this is a good thing for a few very important reasons.
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Specifically, the acquisition is for $7.5 billion in Microsoft stock and it is subject to customary closing conditions and completion of regulatory review. Microsoft expects the acquisition to close by the end of the calendar year.
Under the terms of the agreement, Microsoft will acquire GitHub for $7.5 billion in Microsoft stock. The deal is expected to close by the end of 2018, subject to customary closing conditions and regulatory review.
When Microsoft (MSFT 0.93%) acquired GitHub for $7.5 billion in stock, it sent a signal to the rest of the market: We are a developer-first company. Just listen to how CEO Satya Nadella put it when announcing the deal.
After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 million and we know that the company was valued at about $2 billion in 2015.
Microsoft announced that it has agreed to acquire (opens in new tab) the GitHub software development platform for $7.5 billion in stock. The deal is expected to close by the end of the year, subject to regulatory approval, and Microsoft said that GitHub will continue to operate independently.
Bloomberg initially reported a rumor that Microsoft was about to acquire GitHub, and now Microsoft has confirmed the acqusition for an eye-watering $7.5 billion in Microsoft stock. Back in 2015, the company was valued at roughly $2 billion.
Microsoft announced this morning that they are purchasing the source-code repository site GitHub for $7.5 billion USD in Microsoft stock. While rumors have been circulating since Friday, today is the first official confirmation that the acquisition is taking place.
Microsoft has confirmed that it has acquired GitHub for $7.5 billion in Microsoft stock. GitHub will continue to operate as an independent company and remain an open platform. Apparently, Microsoft will use GitHub to bring Microsoft developers tools to new customers. GitHub was last valued at $2 billion in 2015.
In June, Microsoft confirmed reports that the company was seeking a deal to purchase GitHub, a hosting service and platform geared towards computer programmers and developers. GitHub was last valued at $2 billion. Microsoft acquired them for $7.5 billion.
The veteran tech firm said it "will acquire GitHub for $7.5 billion in Microsoft stock." Subject to customary closing conditions and regulatory review, the deal is expected to be finalized by the end of the year, Microsoft said.
Microsoft has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. According to GitHub, there were 28 million developers in its community and 85 million code repositories, making it the largest global host of source code. 2ff7e9595c
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