(CNBC): Microsoft on Monday announced plans to acquire software developer platform GitHub in a deal valued at $7.5 billion.
GitHub was last valued at $2 billion in its last funding round 2015.
"Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation," Microsoft CEO Satya Nadella said in a statement. "We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world's most pressing challenges."
Submitted June 04, 2018 at 09:16AM by sisumoney https://ift.tt/2kNCjf4
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