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Yesterday morning, rumors were rife in the tech media world that global tech giant Microsoft is all set to buy software development platform GitHub. By the afternoon, it was confirmed the Microsoft acquired GitHub at a whopping amount of $7.5 billion.
The merger was officially announced on GitHub’s Twitter account.
We're thrilled to announce that we've entered into an acquisition agreement with @Microsoft! https://t.co/4DezuXTJfV pic.twitter.com/LUZxjXFVVw
— GitHub (@github) June 4, 2018
GitHub’s acquisition: What’s the fuss about?
GitHub is the most popular git repository with the largest number of users and projects. However, since the announcement of the acquisition, the developer’s community has not taken the news very positively.