Microsoft Is Said to Have Agreed to Acquire Coding Site GitHub

Microsoft Corp. has agreed to acquire GitHub Inc., the code repository company popular with many software developers, and could announce the deal as soon as Monday, according to people familiar with the matter. GitHub preferred selling the company to going public and chose Microsoft partially because it was impressed by Chief Executive Officer Satya Nadella, said one of the people, who asked not to be identified discussing private information. GitHub was last valued at $2 billion in 2015. …read more

Source:: Yahoo Finance

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