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MICROSOFT - Acquiring GitHub

"The era of the intelligent cloud and the intelligent edge is upon us. Computing is becoming embedded in the world with every part of our daily life and work and every aspect of our society and economy being transformed by digital technical. And developers are the builders of this new era, writing the world's code".... Satya Nadella - CEO, Microsoft

Further part of the statement by Satya Nadella - CEO, Microsoft.

"I want to share what this acquisition will mean for our industry and for developers.

The era of the intelligent cloud and the intelligent edge is upon us. Computing is becoming embedded in the world with every part of our daily life and work and every aspect of our society and economy being transformed by digital technical. And developers are the builders of this new era, writing the world's code.

As every industry is being impacted by technology from precision medicine to precision agriculture, from personalized education to personalized banking, the developer community will only grow in numbers and importance.

Developer workflows will drive and influence business process and functions across the organization from marketing to sales to service to IT and HR. And this is just not happening in the technology sector, but in every industry.

According to LinkedIn data, software engineering roles in industries outside of tech such as retail, healthcare, and energy are seeing double-digit growth year over year, 25 percent faster than the growth of developer roles in the tech industry itself.

As every company becomes a digital company, value creation and growth across every industry will, increasingly be determined by the choices developers make.

In short, developers will be at the center of solving the world's most pressing challenges. However, the real power comes when every developer can create together, collaborate, share code, and build on each other's work. And in all walks of life, we see the power of communities, and this is true for software development and developers."

Link to full statement



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THE VERGE: Microsoft is acquiring GitHub. After reports emerged that the software giant was in talks to acquire GitHub, Microsoft is making it official today. This is Microsoft CEO Satya Nadella’s second big acquisition, following the $26.2 billion acquisition of LinkedIn two years ago. GitHub was last valued at $2 billion back in 2015, and Microsoft is paying $7.5 billion in stock for the company in a deal that should close later this year.
https://www.theverge.com/2018/6/4/17422788/microsoft-github-acquisition-official-deal


WIRED: THERE’S MORE THAN money on the line in Microsoft’s planned $7.5 billion all-stock acquisition of code-hosting and collaboration site GitHub. If Microsoft screws this one up, it risks losing the considerable goodwill it’s built with developers in recent years.
https://www.wired.com/story/microsofts-github-deal-is-its-latest-shift-from-windows/


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