Microsoft Said to Be in Talks to Buy Code-Repository GitHub
Summary
Software developers use the tools of the privately-held company to store code, keep track of updates and discuss issues.According to a CNBC report , the talks of acquisition progressed from a planned joint marketing partnership valued around $35 million.Based on a price that was floated last year, the report said that acquiring GitHub could cost Microsoft $5 billion or more.The talks come at a time when GitHub is reportedly struggling to replace CEO and founder Chris Wanstrath, who announced his resignation about 10 months ago.The Business Insider report added that Microsoft executive Nat Friedman may take the CEO role - he previously headed the developer tools startup Xamarin.
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