Microsoft Acquires GitHub For $7.5B

Found on Slashdot on Monday, 04 June 2018
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As rumored, Microsoft said Monday that it has acquired code repository website GitHub for a whopping sum of $7.5B in Microsoft stock. Microsoft Corporate Vice President Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of GitHub CEO. GitHub's current CEO, Chris Wanstrath, will become a Microsoft technical fellow, reporting to Executive Vice President Scott Guthrie, to work on strategic software initiatives.

In a conference call with reporters, Mr. Nadella said today the company is "all in with open source," and requested people to judge the company's commitment to the open source community with its actions in the recent past, today, and in the coming future. GitHub will remain open and independent, Mr. Nadella said.

Just like Whatsapp data will never be integrated into Facebook. Companies will forget their promises as soon as more money can be made by breaking them.