Microsoft officially announced i₹™ts $7.5 billion acquisition o¥± ♦f GitHub. Will developersφ₽ ★ buy it?
From：
Tech Company Date：06-05 Belong to：Company News
Microsoft has finally f¥↕inalized the acquisition of GitHub.
On the evening of June 4, Microsoft o©÷∞fficially announced its plan to purch✘•♣δase GitHub, a software code hosting ¥↕ website, with $7.5 bilπ$lion in stock. The deal is expected←↑♥ to be completed by the end of th∏♠♥is year.
GitHub was founded i¥©επn April 2008, and it has be$©Ω¶en just 10 years since then. In 201₹≈∏5, GitHub was valued at $2 bi€☆∞llion. In just three years,¥✘ GitHub's market value has ne✘≤ arly quadrupled, making it the most po>γpular social program™∑ming and code hosting platform.
According to statistics, as of Marc≠ h this year, GitHub has 28 million higπ™←h-frequency users, and ™×↓♦has hosted 80 million source γ✘code repositories for Java♥π✔★, Python and C + +. Public organizatioδ¥£÷ns such as NASA and large technology ≥↕'companies such as Googl♣'e, apple and Amazon also hγγ©≈ave businesses on GitHub.
As the majority of G↔✔itHub users are white men (≥★ ↔it is said that the propor±"tion is as high as 97%), soλ$ it is nicknamed by Chin®$₹ ese programmers as "tπ♦♦ he world's largest ga₩₹α÷y dating website".
Chris wanstrath, CEO of GitHu 'b, said the community platform w₩σ•as profitable as early as 2011♣↑. At present, GitHub has three profit Ω↕×models: Code hosting service, data×π←✔ precipitation and cloud stora♦∏∑←ge, and enterprise he★∏$adhunter recruitment comγ≈munity.
According to CNBC last year, GitHub exp★λects annual revenue $↓☆of more than $200 million, of whic♥∑ ↕h more than $110 million come∞αs from b-end enterprise serv∑÷↔ices revenue.
According to people •π♠familiar with the matter, such a profi☆>✘¥table company did not∞↕☆ choose to go public, but surren™₹¥£dered to Microsoft, in part becaγ λ₽use of its trust in Mic¥λrosoft's ability and d€↕≠®etermination to attach importance t®↑•πo the developer busine>¶ss.
Interestingly, Microsoft used to be a↔¥ strong opponent of open source so&±"γftware, but after NADELδ★≥LA became Microsoft's CEO, Micr≥ ♦×osoft gradually became one of ™the most active promoters in the oπ→pen source community. Since 20↑↓14, Microsoft has launche↔±σd hundreds of open source↔>> projects since. Net↓✘, the basic open-source program≈♠ming tool of Microsoft. In 2016, Mi©∑ crosoft also surpass≈ ed Facebook and Google to reach the ∏≤λtop of GitHub's contribution Ω™§list.
As for the significance of Micr₩≠osoft's acquisition o→σf GitHub, NADELLA commented on twitter>↓ that "Microsoft + GitHub = enabliφ×® ng developers". According to the spe§÷culation of industry ins÷$✔iders, from the perspective ₩ש of Microsoft's merging part<→≈ of GitHub revenue into the Intelligen ∏↓t Cloud business segment, it is to ☆πimplement the "Ai + cloud" strategy, ☆δ✘so as to encourage develop±✔ers to develop applicat←♥δ₽ions for Microsoft's∏ multi platforms, including ×σφthe cloud platform azure cloud.×"
From left to right are Chris wa× ≥≈nstrath, co-founder of GitHub, Satya NA♣↓∑εDELLA, CEO of Microsoft,∑Ω↑★ and NAT Friedman, new CEO of GitHub
Microsoft said that GitHub will ∞≤ 'maintain its original style in±σ© the future, focusing o✔♣Ωn developers and mainγ"≠εtaining independent operation.
After the acquisition<± , NAT Friedman, vice preside♥ ↕₹nt of Microsoft, will be the chief e<xecutive officer of GitHu<<b, and Chris wanstrath, co-fouΩ≠♦✘nder and former CEO of Gi≈™tHub, will become a technical researc×Ω™≈her of Microsoft, re↑port to executive vicΩ★÷e president Scott Guthr↓φie and carry out strategic software∏>× development plan.
For a long time, due to the lesson&<s learned from Nokia, Hotmail,$₩φ$ Skype, etc., people hold a mocking a♥•≥nd questioning attituγ♣♦de towards those big <πΩ←acquisitions of Microsoft↔$π&. So what's the future of GitHub<§? Maybe only time wilδ¶&l tell.
On the evening of June 4, Microsoft o©÷∞fficially announced its plan to purch✘•♣δase GitHub, a software code hosting ¥↕ website, with $7.5 bilπ$lion in stock. The deal is expected←↑♥ to be completed by the end of th∏♠♥is year.
GitHub was founded i¥©επn April 2008, and it has be$©Ω¶en just 10 years since then. In 201₹≈∏5, GitHub was valued at $2 bi€☆∞llion. In just three years,¥✘ GitHub's market value has ne✘≤ arly quadrupled, making it the most po>γpular social program™∑ming and code hosting platform.
According to statistics, as of Marc≠ h this year, GitHub has 28 million higπ™←h-frequency users, and ™×↓♦has hosted 80 million source γ✘code repositories for Java♥π✔★, Python and C + +. Public organizatioδ¥£÷ns such as NASA and large technology ≥↕'companies such as Googl♣'e, apple and Amazon also hγγ©≈ave businesses on GitHub.
As the majority of G↔✔itHub users are white men (≥★ ↔it is said that the propor±"tion is as high as 97%), soλ$ it is nicknamed by Chin®$₹ ese programmers as "tπ♦♦ he world's largest ga₩₹α÷y dating website".
Chris wanstrath, CEO of GitHu 'b, said the community platform w₩σ•as profitable as early as 2011♣↑. At present, GitHub has three profit Ω↕×models: Code hosting service, data×π←✔ precipitation and cloud stora♦∏∑←ge, and enterprise he★∏$adhunter recruitment comγ≈munity.
According to CNBC last year, GitHub exp★λects annual revenue $↓☆of more than $200 million, of whic♥∑ ↕h more than $110 million come∞αs from b-end enterprise serv∑÷↔ices revenue.
According to people •π♠familiar with the matter, such a profi☆>✘¥table company did not∞↕☆ choose to go public, but surren™₹¥£dered to Microsoft, in part becaγ λ₽use of its trust in Mic¥λrosoft's ability and d€↕≠®etermination to attach importance t®↑•πo the developer busine>¶ss.
Interestingly, Microsoft used to be a↔¥ strong opponent of open source so&±"γftware, but after NADELδ★≥LA became Microsoft's CEO, Micr≥ ♦×osoft gradually became one of ™the most active promoters in the oπ→pen source community. Since 20↑↓14, Microsoft has launche↔±σd hundreds of open source↔>> projects since. Net↓✘, the basic open-source program≈♠ming tool of Microsoft. In 2016, Mi©∑ crosoft also surpass≈ ed Facebook and Google to reach the ∏≤λtop of GitHub's contribution Ω™§list.
As for the significance of Micr₩≠osoft's acquisition o→σf GitHub, NADELLA commented on twitter>↓ that "Microsoft + GitHub = enabliφ×® ng developers". According to the spe§÷culation of industry ins÷$✔iders, from the perspective ₩ש of Microsoft's merging part<→≈ of GitHub revenue into the Intelligen ∏↓t Cloud business segment, it is to ☆πimplement the "Ai + cloud" strategy, ☆δ✘so as to encourage develop±✔ers to develop applicat←♥δ₽ions for Microsoft's∏ multi platforms, including ×σφthe cloud platform azure cloud.×"
From left to right are Chris wa× ≥≈nstrath, co-founder of GitHub, Satya NA♣↓∑εDELLA, CEO of Microsoft,∑Ω↑★ and NAT Friedman, new CEO of GitHub
Microsoft said that GitHub will ∞≤ 'maintain its original style in±σ© the future, focusing o✔♣Ωn developers and mainγ"≠εtaining independent operation.
After the acquisition<± , NAT Friedman, vice preside♥ ↕₹nt of Microsoft, will be the chief e<xecutive officer of GitHu<<b, and Chris wanstrath, co-fouΩ≠♦✘nder and former CEO of Gi≈™tHub, will become a technical researc×Ω™≈her of Microsoft, re↑port to executive vicΩ★÷e president Scott Guthr↓φie and carry out strategic software∏>× development plan.
For a long time, due to the lesson&<s learned from Nokia, Hotmail,$₩φ$ Skype, etc., people hold a mocking a♥•≥nd questioning attituγ♣♦de towards those big <πΩ←acquisitions of Microsoft↔$π&. So what's the future of GitHub<§? Maybe only time wilδ¶&l tell.
