Microsoft to Acquire GitHub for $7.5 Billion

Microsoft just announced in a blog post that GitHub will be acquired for $7.5 billion in Microsoft stock, and the purchase is expected to close by the end of 2018.

Git Hub is one of the most popular sites for hosting repositories of code. Google moved most of its projects to GitHub  after Google Code shut down, and countless open-source Android applications and libraries live on the site as well.
GitHub has been an independent company for its entire 10-years of operation, but things have changed now and developers are not happy. Some developers are accusing Microsoft of stealing codes.

Developers have started looking for alternative options for hosting their projects. GitLab, an open-source alternative to Git Hub is reporting 10x the normal daily amount of created repositories.

Microsoft said in a blog post that Developers are the builders of this new era, writing the world’s code. And GitHub is their home.

“We will empower developers at every stage of the development lifecycle – from ideation to collaboration to deployment to the cloud. Going forward, GitHub will remain an open platform, which any developer can plug into and extend

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