Microsoft reportedly held talks about acquiring GitHub
04 June, 2018, 11:24 | Author: Kristen Mcgee
Co-founder Chris Wanstrath left the company back in August, and Chief Business Officer Julio Avalos has been in charge of day-to-day matters in the interim.
In early May, Microsoft revealed a new partnership with GitHub that was meant to bring the power of Azure DevOps services to GitHub users. Microsoft, once opposed to that kind of open-source software development, is now one if the biggest contributors to GitHub.
Github, which was valued at $2 billion back in 2015, generates $200 million in subscription revenue including $110 million from enterprise customers, but is not now profitable, having lost $66 million over three quarters in 2016. It has been struggling to find a CEO after Wanstrath stepped down from the position.
In response to the news, many developers have started looking for alternative options for hosting their projects. Many engineers use the site to store their code, keep tabs on updates, and even use it as a discussion forum.
An overview of Github, which is used by millions of people working on software to manage code.
In the short term, nothing is likely to change very much given the central role Github plays in the software development process.
Those fears might be overstated.
Developers have a few options if they want to use a different service to host their code. More than 75 percent of respondents think the acquisition is a bad move, and the likes of Google and Disney have been suggested as more suitable buyers. However, this time the conversations have become more serious. In the years following that performance, Apple stole the mobile computing show with iOS, and AWS won the hearts and minds of enterprise developers with its cloud services.
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