Microsoft to Acquire GitHub for $7.5 Billion in Stock
Summary
Microsoft Corp. is buying the software-code repository GitHub Inc. for $7.5 billion in stock, a move that could help the software giant persuade more developers to create applications for its cloud-computing business.The deal puts GitHub, a popular service where developers share and collaborate on code, into the hands of a tech giant that is among the leaders in cloud computing, where customers rent digital resources and applications on demand....
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