In 2018, Microsoft finalized its acquisition of GitHub, the popular code hosting and collaboration platform. The acquisition, valued at $7.5 billion, was initially met with mixed reactions from the developer community, with some expressing concerns about Microsoft’s control over the platform.
However, the market responded positively to the news, with Microsoft’s stock price experiencing a slight increase following the announcement. This positive reaction reflected investor confidence in Microsoft’s strategy to embrace open-source technologies and expand its reach within the developer ecosystem.
The acquisition of GitHub has allowed Microsoft to integrate the platform’s capabilities with its existing developer tools and services, such as Visual Studio and Azure. This integration has streamlined the development process for many developers and has further solidified Microsoft’s position as a major player in the software development industry.
Key benefits of the acquisition include:
- Enhanced collaboration between developers
- Improved integration with Microsoft’s development tools
- Increased access to open-source technologies
Since the acquisition, GitHub has continued to operate as an independent entity, maintaining its commitment to open-source principles and supporting a diverse range of programming languages and platforms. Microsoft has also invested in GitHub’s infrastructure and security, ensuring the platform remains a reliable and secure environment for developers to collaborate and build software.
