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Microsoft on the verge of buying development platform GitHub.

Microsoft on the verge of buying development platform GitHub.

Press bureau Bloomberg has information that Microsoft wants to buy GitHub which they could confirm this Monday.

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There where rumors for a longer time about the takeover from GitHub by Microsoft. But Bloomberg now has intel that the takeover could be confirmed this Monday.

GitHub already said they liked the idea of a takeover by Microsoft more than an individual IPO. The last time GitHub was valued it worth was 2 billion US dollar.

GitHub is dealing with some serious problems, it has never made a profit and they are missing a CEO for almost 8 months. A takeover by Microsoft could be a huge boost for GitHub.

GitHub is a development platform in which developers can share their code with their teams or with other people in repositories.

#Microsoft #gitHub

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