GitHub hosts 27 million software developers working on 80 million repositories of code.
According to the latest report shared by the well-known web portal Business Insider, the tech giant Microsoft would be interested in buying GitHub, a web-based hosting service for version control using git and it is mostly used for computer code.
Deal talks between the two companies were first reported by Business Insider on Friday.
Microsoft declined to comment. While details of the deal are now unknown, it is believed that the official announcement could come later today.
The report, citing anonymous sources, does not provide the price that Microsoft will pay to acquire GitHub, which was last valued at $2 billion on the private markets in 2015. The suggested buying price for Microsoft may be an even higher $5 billion, marking it as one of the top five acquisitions by Microsoft in all time. Microsoft, once opposed to that kind of open-source software development, is now one if the biggest contributors to GitHub. And as CNBC points out, data from GitHub could also help Microsoft better its artificial intelligence capabilities. In short, GitHub is a big part of modern software development. The stepping down of CEO Chris Wanstrath a year ago created slight feelings of unease, and a replacement is yet to be found for him. Within three quarters of 2016, GitHub lost over $66 million. GitHub has also been undergoing executive changes.
A Twitter poll from Bryan Lunduke 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.
Interesting Engineering will continue updating this story as more information becomes available.