According to people familiar with the matter, Microsoft Corp recently held relevant meetings on the acquisition of GitHub. This means that the two sides have opened again and again the intermittent channel of dialogue for many years.
The choice of this time is mainly due to the fact that GitHub has been difficult to find an ideal candidate for CEO recently as a high - human platform provider in the software developer group.
GitHub's valuation in 2015 was $2 billion, thanks largely to its $250 million investment in Sequoia Capital. In addition, many sources told us that the financial situation of GitHub is pretty good. However, the final purchase price may reach $5 billion or even higher, and considering that negotiations are going on, it is not clear whether Microsoft is willing to pay such a considerable price.
Last August, GitHub's founder and CEO Chris Wanstrath said the company's annual revenue has reached $200 million.
If Microsoft finally decides to buy GitHub, it indicates that the direction of the latter 6 months has changed significantly. Because according to insiders, until the end of 2017, GitHub remained committed to maintaining its independent operation and hoped that it would finally be listed successfully.
Another possibility is that Microsoft may not buy GitHub directly, but instead choose to invest in it and assign a top engineer to the CEO position.
Microsoft declined to comment on it. GitHub did not respond to our request for comment.
Since Wanstrath announced its resignation, GitHub has been trying to find new CEO candidates in the past ten months.
In February, the company executives told employees that they were about to hire a mysterious figure. There is an internal rumor that this person is a senior manager from Google Corporation and engineering background.
One person who knows the affair tells us that Sridhar Ramaswamy, the senior vice president of advertising and Commerce of the Google Corporation, is discussing the position of CEO with GitHub. But in the end it seemed unsuccessful. Now Ramaswamy is discussing the board of directors joining GitHub. Considering the fact that he is effective for Google, if he succeeds in joining the GitHub board, it may be a hindrance to Microsoft's GitHub acquisition intention.
There is another rumour within GitHub that a Microsoft executive might take on a CEO position
Friedman founded a well-received developer tool company
GitHub's CEO search tour began last August. But until now,
The combination of Microsoft and GitHub is of great practical significance from the perspective of products and customers, and provides GitHub with more powerful resource stability. It is clear that GitHub has found that the conversion of economic returns through its high - human product is far more than expected in the implementation difficulty, and a series of failures in management have also had a negative impact on it.
GitHub allows developers to host their software projects in the cloud and collaborate with other programmers. GitHub can be said to be a dedicated social network for developers, and allows members to pay attention to each other and see each other's work results.
Microsoft has a close partnership with GitHu
Microsoft has tried to buy GitHub before. Last year, a number of sources said Microsoft would bid 5 billion dollars. But later we heard that the plan had not been passed at last.