Microsoft confirms it will acquire GitHub for $7.5 billion

Posted by claudiom on Jun 4, 2018 5:49 PM EDT
VentureBeat; By Paul Sawers
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The rumors were true: Microsoft has confirmed that it’s buying GitHub for a whopping $7.5 billion in an all-stock transaction. Reports first emerged last week that Microsoft was in advanced discussions to acquire the code-hosting repository, and these reports intensified over the weekend. Now, we know for sure. The GitHub transaction is expected to close by the end of 2018.

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