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After rumours from multiple sources started going round claiming Microsoft is set to acquire GitHub, the American technology company finally...

After rumours from multiple sources started going round claiming Microsoft is set to acquire GitHub, the American technology company finally let the cat out of the back. Microsoft just announced in a blog post that it will acquire GitHub for $7.5 billion in Microsoft stock, with the purchase likely to close by the end of this year.

Microsoft to Acquire GitHub for $7.5 Billion

GitHub poses as the world's largest community of developers to discover, share, and build better software according to their description. It is one of the most popular sites for hosting repositories of code, used by countless open-source Android applications and even by Google for hosting several projects after its own Google Code shut down.

GitHub has been running for over 10 years, where it is being operated as an independent company. But power has chnaged hands now, and Microsoft is set to take charge of the platform in the coming months. However, a lot of developers on GitHub are not happy with the acquisition, as they accuse Microsoft of stealing codes.

In fact, they've started looking for other platforms to store their codes, and it seems all of them are heading to GitLab, an open-source alternative to GitHub. The former earlier tweeted (@GitLab) that they are now getting 10x the normal daily amount of created repositories.

The tweet reads: 
“We're seeing 10x the normal dai amount of repositories #moving
dropbox.com/s/uzg9vc5oljr8… scaling our fleet to try to stay up the progress on monitor.gitlab.ndashboard/db/g… and @moving”


Trying to calm the rocking boat, Microsoft said in a blog post that Developers are the builders of this new era, writing the world’s code, and GitHub is their home.
“We will empower developers at every stage of the development lifecycle – from ideation to collaboration to deployment to the cloud. Going forward, GitHub will remain an open platform, which any developer can plug into and extend.”-Microaoft

Once the deal is closed, we expect upgrade to the platform and new features. The big question, though, is What will happen to open source?

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