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.
.@github you are just WRONG! We've created open source just to avoid any capitalism enforcement and exclusivity. Time to build a real autonomous and decentralized coding network... bye bye #GitHub https://t.co/jpIbyRko9Q— Guillaume Pellerin (@yomguy) 3 June 2018
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.
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.
We're seeing 10x the normal daily amount of repositories #movingtogitlab https://t.co/7AWH7BmMvM We're scaling our fleet to try to stay up. Follow the progress on https://t.co/hN0ce379SC and @movingtogitlab— GitLab (@gitlab) 3 June 2018