Tag: GitHub Inc.

According to the reports, the software leader Microsoft has approved of buying out GitHub Inc. for $7.5 Billion. Github is the world's leading company for providing open-source code hosting services. GitHub was last valued at $2 billion back in 2015, however, the terms of the present deal are still not known and have neither been publicized by the company. Microsoft said in a statement, "it will acquire GitHub for USD 7.5 billion in Microsoft stock." Subject to customary closing conditions and regulatory review, the deal is expected to be finalized by the end of the year. GitHub Inc. is a private company which is basically an internet-based hosting service designs and develops an online platform to enable the users to store and share codes repositories (a central location in wh...