Microsoft Corporation acquired GitHub for $7.5 billion, a transaction announced in June 2018, structured as all stock.
GitHub operates in Developer tools / Intelligent Cloud, is based in San Francisco, California, USA. Microsoft agreed to acquire GitHub, the software-development and code-collaboration platform then used by more than 28 million developers, in an all-stock deal worth $7.5 billion. GitHub kept operating independently with a developer-first approach, with Microsoft's Nat Friedman becoming GitHub CEO. Microsoft reported GitHub within its Intelligent Cloud segment after closing.
Deepens Microsoft's commitment to developers and open source, accelerates enterprise adoption of GitHub, and gives Microsoft's developer tools and cloud services access to GitHub's community.
Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation.Satya Nadella, CEO, Microsoft
Advisory firms were not disclosed for this transaction.