Microsoft Said to Have Agreed to Acquire Coding Site GitHub

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Microsoft is now the biggest open source contributor on GitHub.

The report, citing anonymous sources, does not provide the price that Microsoft will pay to acquire GitHub, which was last valued at $2 billion on the private markets in 2015.

So what does it mean for the world's biggest crowd-sourced code repository to be bought by the world's biggest software company? An acquisition could potentially cost Microsoft more than $5 billion, CNBC reports.

Now even the big companies of our day, including Microsoft, use Github as an important tool in their software development processes. The purchase makes sense - not only is the majority of Microsoft's developer documentation now hosted on GitHub, but so is numerous company's recent open-source projects like Visual Studio Code and PowerShell. In any case, we will be sure to keep you abreast of updates as the story develops.

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On the other hand, GitHub is one of the most used tools by the developers all over the world. One closely watched aspect of this deal will be whether fierce competitors like Amazon Web Services and Google continue to store code on a Microsoft-owned property. Talks have been on-and-off for a number of years, but recently it appears that the talks have become more serious, especially as GitHub's current CEO, Chris Wanstrath, is departing the company. The actual terms of the deal remain unknown.

GitHub may soon fall under the wide umbrella of Microsoft. Former Microsoft CEO Steve Ballmer had called open source "Cancer" in 2001. GitHub has also not responded to media inquiries to the potential acquisition.

They can also use Gitlab, which quickly capitalized on developer angst Sunday with a live YouTube video explaining how to get up and running with its similar service, although less than 200 people were watching it when I joined about ten minutes after it got started.