Microsoft officially announces acquisition of Github. Money can buy you cool friends.
Microsoft is looking to bulk up its cloud services. It can build data centres but it is desperate for services (applications). AWS continues to roll out new applications at a rapid rate. Microsoft isn’t able to keep up and spending some money keeps the portfolio in growth.
First, we will empower developers at every stage of the development lifecycle – from ideation to collaboration to deployment to the cloud. Going forward, GitHub will remain an open platform, which any developer can plug into and extend. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects – and will still be able to deploy their code on any cloud and any device.
- $7.5Billion. Almost real money in the surreal world of tech valuations.
- Six years ago A16Z invested $100M in a Series A round to get them off the ground.
- A stunning corporate cultural turnaround continues. The current Microsoft is doing its best to become relevant in the cloud era and making big movies.
- Microsoft reaches developers who aren’t well disposed towards them and gets another chance to make friends (yes, money can buy you friends in business)
- Microsoft is ok with buying services to put into Azure. (AWS makes them itself, mostly by direct copying competitor businesses)
- Microsoft hasn’t visibly damaged LinkedIn so far, so you might take some solace that GitHub will continue its path forward.
Microsoft + GitHub = Empowering Developers – The Official Microsoft Blog : https://blogs.microsoft.com/blog/2018/06/04/microsoft-github-empowering-developers/
Link: Microsoft Buys GitHub for $7.5 Billion – Andreessen Horowitz – https://a16z.com/2018/06/04/microsoft-buys-github-for-7-5-billion/