Microsoft to acquire GitHub
On June 4th, Microsoft confirmed it will be acquiring Github for $7,5billion in Microsoft stock. The code repository, Github, is a popular space where crypto-developers and blockchain projects keep their documentation and share their code. It hosts 85 million repositories and has 28 million active contributors, among which tech giants like Amazon, Apple, or Google, as well as Microsoft itself. If all goes well, the deal will close by the end of the calendar year. According to the agreement, GitHub will stay independent and customer-focused, and the platform will remain open to all projects and industries.