INSUBCONTINENT EXCLUSIVE:
Growing rumors that Microsoft will acquire collaborative coding startup GitHub have been further substantiated by a report from Bloomberg,
which claims that the software giant has agreed to the acquisition.Last valued at $2 billion (in 2015), GitHub is responsible for hosting
the single largest collection of code in one place, acting as the repository for projects ranging in scope from small developer teams to the
likes of Google.GitHub has been hunting for a new CEO for the last nine months, after co-founder Chris Wanstrath announced his intentions to
The full details of the acquisition are yet to be revealed but Bloomberg suggests they are very imminent.The coding company was allegedly
the world's biggest software company For one, it potentially gives Microsoft access to over 26 million software developers and their
code.While this may result in some more exciting and creative software being developed by Microsoft, the details on the degree of ownership
showed that 68% of existing GitHub users would move to another service if the acquisition went ahead, and only 25% of Twitter users asked by
Tom Warren of The Verge thought that it was good news.How this story will pan out is yet to be determined, so stay tuned for the full
announcement of the alleged acquisition and what the two companies have to say about its affect on their respective users.[via Bloomberg]
