Microsoft To Buy GitHub, Valued At $5 Million US Dolars
Microsoft to buy GitHub? According to the latest report shared by the well-known web portal Business Insider, the tech giant Microsoft would be interested in buying GitHub, a web-based hosting service for version control using git and it is mostly used for computer code. The interest Microsoft has for GitHub is not new as it has been going on for a while now and there have been many rumours about conversations about a purchase agreement.
Negotiations talks by the tech giant Microsoft to buy GitHub started in 2016, but never advanced enough, until now. Although there are no confirmations from either party, the sources of Business Insider, assure that GitHub would be willing to carry out an agreement, if certain conditions are respected and one of such conditions is to maintain independence and continue with the same dynamic that they are developing from the beginning. As for the amount of the sale, it seems that they have not yet reached an agreement, but the last assessment received by GitHub was 2000 million US dollars in 2015.
However, CNBC mentions that the acquisition would be for a price of 5000 million US dollars or more, according to the expectations of GitHub. At the moment, all these data are only speculations, and until some of the parties confirm at least the intention of the transaction, it will remain only in rumours.
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