Microsoft buys hugely popular coding site GitHub in $7.5 billion deal [Video]

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Microsoft buys hugely popular coding site GitHub, used by Google, Amazon, Apple and thousands of others, in $7.5 billion dealMicrosoft announced Monday it will pay $7.5 billion in stock for GitHubGitHub allows developers to host and review each other"s code and has become hugely popular,...

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Microsoft buys hugely popular coding site GitHub, used by Google, Amazon, Apple and thousands of others, in $7.5 billion deal

  • Microsoft announced Monday it will pay $7.5 billion in stock for GitHub
  • GitHub allows developers to host and review each other’s code and has become hugely popular, counting Amazon and Google as customers, among others
  • Microsoft …

Microsoft is paying $7.5 billion for the popular coder hangout GitHub. It marks CEO Satya Nadella's second largest deal since the firm acquired LinkedIn for $26.2 billion two years ago

It's free to use GitHub for open-source projects, but some developers and businesses pay a monthly fee to access private code repositories and other services

Microsoft CEO Satya Nadella said the GitHub acquisition demonstrates Microsoft's 'commitment to developer freedom, openness and innovation'

News of the deal sent shares of Microsoft higher by 0.4% to $101.24 on Monday afternoon. It should help build Microsoft's presence in the enterprise open source software market