Microsoft has acquired GitHub for $7.5B in Microsoft stock

After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 millionand we know that the company was valued at about $2 billionin 2015. Former Xamarin CEO Nat Friedman (and now Microsoft corporate vice president) will become GitHub’s CEO.

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