As a successful journalist for an online publication, I have come across some incredible information that is worth sharing in the form of a news article. According to recent reports, technology giant Microsoft has acquired software development company Github for a whopping $7.5 billion in stock.
The deal is set to be finalized by the end of 2018, and it marks one of the biggest acquisitions for Microsoft in recent years. Github is a platform used by developers to manage their code, collaborate with others and deploy their software. The acquisition of Github makes perfect sense for Microsoft, as it has been working tirelessly to ensure its position in the forefront of the technology industry.
The acquisition of Github is a big move for Microsoft, as it will help them to increase their presence in the developer community. This community comprises of people who create software and applications for personal and business usage. Microsoft has been making steady progress in this area, with a range of cloud and productivity offerings aimed at developers. The acquisition of Github is expected to augment Microsoft’s offerings and create more business opportunities for the company.
Despite the acquisition, Github will continue to operate independently and will keep its platform open to all developers. The developers will be able to continue using the platform in the same way, and they will also be able to access Microsoft’s products and services through the platform.
Microsoft CEO, Satya Nadella, commented on the acquisition, saying: “We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate, and solve the world’s most pressing challenges.”
The acquisition of Github is expected to have a significant impact on the technology industry, for both the short and long term. Github is a significant platform in the developer community, with more than 28 million developers using the platform to collaborate and share code. By acquiring Github, Microsoft has strengthened its position in the developer community, which is set to be a significant force in the technology industry for the foreseeable future.
The acquisition is another example of the fast pace at which the technology industry is moving, with companies seeking to expand their offerings through strategic acquisitions and partnerships. Microsoft’s acquisition of Github will be watched closely by industry analysts and technology enthusiasts alike, as it is set to have a significant impact on the future of the technology industry.
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The material in this article is written on the basis of another article.