Microsoft in talks to buy GitHub: Report
Summary
San Francisco, June 2 (IANS) Talks on Microsofts plan to acquire software developer platform GitHub has intensified in the past few week, the Business Insider reported.The acquisition talks turning serious mark a change of strategy as just six months ago GitHub appeared committed to staying independent, the report said on Friday citing people close to the companies.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.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.
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