Software giant Microsoft Corporation could announce a deal to buy source code repository GitHub as soon as Monday US time, a report claims.
Bloomberg said the deal had come about because GitHub had a favourable opinion of Microsoft chief executive Satya Nadella and preferred to be acquired rather than go public.
There was no mention of how much Microsoft would pay for GitHub which was valued at US$2 billion in 2015.
GitHub has about 27 million software developers working on 80 million repositories, with Microsoft being one of the bigger contributors.
Many companies, including Google and Microsoft, use GitHub to collaborate and share code. GitHub lost about US$66 million in three quarters in 2016 but had US$98 million in revenue in nine months of the same year.
Acquisition talks have been going on between Microsoft and GitHub for a few years. The recent talks began around a partnership, but then went on to discuss a purchase, Bloomberg cited a source as saying.
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