Microsoft acquired GitHub

By on June 15, 2018
Pin It

Microsoft acquired GitHub for $7.5 billion in stock last week, the third largest in Microsoft’s history behind Skype ($8.5B) and LinkedIn ($26.2B). Microsoft paid 30x GitHub’s annual revenue, nearly 5x what they paid for LinkedIn back in 2016.

GitHub’s main revenue source today is paid accounts, which allows for private repositories and a number of other features that enterprises need, with pricing ranging from $7 per user per month to $21/user/month. Those building public and open source projects can use it for free.

“We are not buying GitHub to turn it into Microsoft; we are buying GitHub because we believe in the importance of developers.” This comes from GitHub’s incoming CEO Nat Friedman in a Reddit AMA.

The fact that Microsoft is installing a new CEO for GitHub is a clear sign that the company’s approach to integrating GitHub will be similar to how it is working with LinkedIn. “GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries”.


Via techcrunch

About Boris Landoni

Boris Landoni is the technical manager of Skilled in the GSM field, embraces the Open Source philosophy and its projects are available to the community.

Leave a Reply

Your email address will not be published. Required fields are marked *