Microsoft Has Agreed To Buy Coding Site GitHub

GitHub was last valued in 2015 at $2 billion. Individual developers can use Github as a public-facing resume of code they've written, and 1.8 million companies and organizations use it to share code among their developers, track the progress of ongoing projects, and facilitate maintenance on completed ones.

So what does it mean for the world's biggest crowd-sourced code repository to be bought by the world's biggest software company?

The company has been looking for a CEO since past year, when co-founder Chris Wanstrath announced plans to step down from the role. Github gave smaller, growing companies a way to implement some of the best practices in place at tech conglomerates while finding and contributing to the open-source projects that changed the way software was developed. It also helps Microsoft, which is increasingly relying on open-source software, to add programming tools and tie up with a company that has become a key part of the way Microsoft writes its own software. Many engineers use the site to store their code, keep tabs on updates, and even use it as a discussion forum.

GitHub is an essential tool for coders.

The Bloomberg report came just days after Business Insider reported that Microsoft had recently held talks to buy Github.

Negotiations talks by the tech giant Microsoft to acquire GitHub started in 2016, but never advanced enough, until now. It's also worth mentioning that this isn't the first time Microsoft approached the coding company with an intention to buy it. The terms of the deal aren't known yet.

A Twitter poll from Bryan Lunduke showed that 68% of existing GitHub users would move to another service if the acquisition went ahead, and only 25% of Twitter users asked by Tom Warren of The Verge thought that it was good news.

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