Software development

Lars Bube | Davina Spohn,

Microsoft buys Github

According to the news agency Bloomberg, Microsoft is strengthening its commitment to the open source sector with the acquisition of the software development platform GitHub.

Microsoft headquarters in Seattle

© Katherine Welles - Shutterstock

Microsoft has been rumored to have had its eye on the online service GitHub, which is particularly important for the open source community, for several years, and now the US news service Bloomberg reports that the deal has been closed. According to its information, the two companies are said to have agreed on the terms of a takeover at the beginning of June 2018. The purchase from Microsoft is expected to be officially confirmed shortly. Further details on the terms of the takeover were not disclosed. However, financial experts assume a purchase price of around USD 5 billion in view of GitHub's enterprise value, which was already estimated at over USD 2 billion in 2015.

GitHub is a web-based service for collaborative software development and management, whose special feature is the version management system that gives it its name, Git. With interaction functions similar to a social network, it makes it easier for developers to deal with forks and merges of different development branches of a project. GitHub claims to be used by almost 30 million software developers and manages more than 80 million code repositories. Several large tech companies such as IBM, Google, SAP and Microsoft itself also use the service in their software development.

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