According to a new report, Microsoft is engaging in "serious" talks to acquire source-code repository service GitHub (via Business Insider). The ten-year-old company is practically a tracking stock for the number of software developers now plying their trade around the world, a number that has been pegged around 20 million but that estimate probably undercounts hobbyist developers.
The company has been searching for a permanent CEO for nine months, following cofounder Chris Wanstrath's decision to step down from the top job in August. Another possibility raised was a Microsoft-backed investment into the company, possibly with a Microsoft exec taking over the CEO position at GitHub, instead of an outright buyout. It's not inaccurate or hyperbole to call GitHub the epicenter of the software development universe. Sharing and reusing code, rather than rewriting code for the most basic tasks for each new project, has improved developer productivity in countless ways. GitHub has also been undergoing executive changes.
The deal is expected to help Microsoft by adding programming tools and partner with a company that has become a key way in how Microsoft writes its software.
Under Nadella's leadership, Microsoft has been trying hard to shed its image of being an enemy of open source software and Linux. Many tech companies and individual developers use the platform to store and share certain code, and collaborate.
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Despite all those users, Github was not making money, and it probably wasn't long for the world as a independent company.
According to the report shared by Business Insider, the tech giant Microsoft would be interested in buying GitHub, a web-based hosting service for version control using git. Although there are no confirmations from either party, the sources of Business Insider, assure that GitHub would be willing to carry out an agreement, if certain conditions are respected.
GitHub may soon fall under the wide umbrella of Microsoft. The terms of the deal aren't known yet. It is mostly used for computer code. It's been said so much over the last few years as to verge on cliche, but this really is a different Microsoft.
Apparently, this isn't the first time that Microsoft has considered purchasing GitHub. More than 75 percent of respondents think the acquisition is a bad move, and the likes of Google and Disney have been suggested as more suitable buyers. It's also a social network of sorts for developers.