It's Official: Microsoft Pays Out $7.5 Billion For GitHub, Nat Friedman Becomes The CEO
Written by Michael Larabel in Microsoft on 4 June 2018 at 09:13 AM EDT. 119 Comments
MICROSOFT --
Microsoft has publicly announced their acquisition of GitHub and they paid billions more than anticipated.

GitHub was previously valued at $2 billion in 2015 on private markets while the rumored acquisition of GitHub was said to be fetching $5 billion. As part of today's announcement, Microsoft has said they are paying Github $7.5 billion in stock for the purchase.

Microsoft expects their acquisition of GitHub to close by year's end. Taking the role of GitHub CEO will be Nat Friedman, the co-founder of Xamarin, and a name well known to many Linux users. Nat Friedman was also co-founder with Miguel de Icaza on Ximian going back to the early Mono days then was a CTO at Novell after it acquired the original Mono company. Nat has been at Microsoft since they acquired Xamarin several years ago. It's also worth noting that Friedman was the co-creator of the GNOME Foundation.


Microsoft's confirmation of their GitHub acquisition can be read at Microsoft.com.
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Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 10,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software. He can be followed via Twitter or contacted via MichaelLarabel.com.

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