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GitHub Sold to Microsoft for US$7.5 Billion

Microsoft’s purchase of GitHub for US$7.5 billion has now officially gone through and GitHub is part of the Microsoft family.

The open-source software company GitHub will continue to remain independent while under Microsoft’s umbrella, similar to LinkedIn.

The acquisition deal was first reported on back in June, and the official announcement came last Friday via a blog post from GitHub’s new CEO Nat Friedman, following approval from the European Union.

“I’ve spent the past few months meeting with hundreds of developers as I prepared for this role, from maintainers to startups to large businesses,” Friedman said in a blog post on Friday. “The passion for GitHub is amazing-both in the areas where we excel and in the areas where you want us to do more.”

“Three objectives will be top of mind for us as we build the future of GitHub: Ensuring GitHub is the best place to run productive communities and teams; Making GitHub accessible to more developers around the world; Reliability, security, and performance,” Friedman wrote.

GitHub’s users have increased three million since the deal was first reported on, bringing the total number of current developers on the platform to 31 million.

“Our vision is to serve every developer on the planet, by being the best place to build software,” said Friedman. “This is a dream opportunity for all of us at GitHub, and we couldn’t be more excited to roll up our sleeves and start this next chapter.”

Microsoft CEO Satya Nadella was quoted saying “We believe in the power of communities to achieve more together than what their members can do on their own, and that collaborative development through the open source process can accelerate innovation,” in a statement to Business Insider regarding the deal.

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