Technology Microsoft to buy coding site GitHub for $7.5 billion
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Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to expand its clout among software developers.
GitHub supplies coding tools for developers and calls itself the world's largest code host with more than 28 million developers using its platform.
"Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness
Google awarded this teenager $36,000 for finding a security flaw
It marks Pereira’s fifth accepted bug, but it's by far his most lucrative.Ezequiel Pereira was about a month shy of 17 when he first got paid for exposing a Google security flaw through its bug bounty program.
Microsoft's Nat Friedman will take over as the Chief Executive of San Francisco-headquartered GitHub, whose current CEO Chris Wanstrath will become a Microsoft technical fellow.
Microsoft last year shut down CodePlex, its own rival for GitHub, saying the latter was the dominant location for open source sharing and that most such projects had already migrated there.
On an adjusted basis, Microsoft expects the deal to add to its operating income in fiscal 2020 and reduce earnings per share by less than 1 percent in 2019 and 2020.
The transaction is expected to close by the end of the calendar year.
(Reporting by Vibhuti Sharma and Supantha Mukherjee in Bengaluru; Editing by Arun Koyyur)
Microsoft to buy coding site GitHub for $7.5 billion .
Microsoft to buy coding site GitHub for $7.5 billionHSCC
Microsoft buys GitHub for $7.5 billion
Microsoft buys GitHub for $7.5 billion Software giant Microsoft has agreed to acquire GitHub, a growing code repository, for $7.5 billion, the company announced ...
Microsoft is buying GitHub for $ 7.5 billion
Microsoft is buying GitHub for $ 7.5 billion ------------------------------------------------------------------ Microsoft has bought the code repository GitHub for $7.5bn (£5.6bn).
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