• Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
Wednesday, June 18, 2025
  • Login
  • Register
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Technology Times | Latest and Breaking Nigeria Tech News
No Result
View All Result
Your text
Young Nigerians seen at work inside the Information Technology Developers Entrepreneurship Accelerator (iDEA) Hub in Yaba, Lagos.

Microsoft to acquire GitHub for $7.5 billion

Kolade AkinolabyKolade Akinola
05/06/2018
in Market Updates
Reading Time: 3 mins read
1 0
A A
0
ADVERTISEMENT

Microsoft says it has reached an agreement to acquire GitHub, a global software development platform for $7.5 billion under plans to deepen its footprint in global tech ecosystem.

Under the terms of the agreement, Microsoft will acquire GitHub for $7.5 billion in Microsoft stock.

Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year, the companies announced in a joint statement.

GitHub is a global software development platform where more than 28 million developers learn, share and collaborate to create the future.

Under the plan, the two companies will empower developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of GitHub, and bring Microsoft’s developer tools and services to new audiences.

“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” Satya Nadella, CEO, Microsoft says

“GitHub is a global software development platform where more than 28 million developers learn, share and collaborate to create the future.”

Cross section of developers at the iDEA Hub, Lagos.
Cross section of developers at the iDEA Hub, Lagos.

“We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenges.”

Related Articles

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

Paystack launches Zap, a new consumer app for instant bank transfers

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

Google Pixel 9a packs AI photography with 100 hours of battery life

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

Data protection experts seek unified data privacy laws in Africa

NIS: Nigeria battling corruption with contactless passport, e-visa

Misconfigurations cause 80% of cloud breaches, experts warn

#Watch Technology Times TV #Live

GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries.

Also 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 to any operating system, any cloud and any device.

Nat Friedman, Microsoft Corporate Vice President and founder of Xamarin will assume the role of GitHub CEO. GitHub’s current CEO, Chris Wanstrath, will become a Microsoft technical fellow, reporting to Executive Vice President Scott Guthrie, to work on strategic software initiatives.

“I’m extremely proud of what GitHub and our community have accomplished over the past decade, and I can’t wait to see what lies ahead.

The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said.

“Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere

Today, every company is becoming a software company and developers are at the center of digital transformation; they drive business processes and functions across organizations from customer service and HR to marketing and IT.

And the choices these developers make will increasingly determine value creation and growth across every industry”, he adds.

GitHub is home for modern developers and the world’s most popular destination for open source projects and software innovation. The platform hosts a growing network of developers in nearly every country representing more than 1.5 million companies across healthcare, manufacturing, technology, financial services, retail and more.

Upon closing, Microsoft expects GitHub’s financials to be reported as part of the Intelligent Cloud segment. Microsoft expects the acquisition will be accretive to operating income in fiscal year 2020 on a non- Generally Accepted Accounting Principles (GAAP) basis, and to have minimal dilution of less than 1 percent to earnings per share in fiscal years 2019 and 2020 on a non-GAAP basis, based on the expected close time frame.

Non-GAAP excludes expected impact of purchase accounting adjustments, as well as integration and transaction-related expenses. An incremental share buyback, beyond Microsoft’s recent historical quarterly pace, is expected to offset stock consideration paid within six months after closing. Microsoft will use a portion of the remaining ~$30 billion of its current share repurchase authorization for the purchase.

 

Tags: GitHubMicrosoftnigeria technology newsSatya Nadellatech news
Share19Tweet12Share3SendShare
Kolade Akinola

Kolade Akinola

Technology Journalist at Technology Times Mobile: + 234 (0) 807 401 6027

Related Articles

fccpc-dismisses-exit-threat-by-whatsapps-parent
News

Meta $220M Fine in Nigeria: FCCPC dismisses exit threat by WhatsApp’s parent

byOladapo Riliwan
03/05/2025
paystack-launches-zap-a-new-consumer-app
News

Paystack launches Zap, a new consumer app for instant bank transfers

byFejiro Awowede
25/03/2025
nigerian-firms-tap-managed-service-providers
News

Nigerian businesses tap Managed Service Providers as cyber threats spike, Heirs Technologies says

byFejiro Awowede
24/03/2025
hotwav-note-15-whats-inside--₦178600-smartphone
Consumer Technology

Photos: HOTWAV Note 15: What’s inside the ₦178,600 smartphone?

byFejiro Awowede
24/03/2025
google-unveils-pixel-9a-with-ai-photography
Consumer Technology

Google Pixel 9a packs AI photography with 100 hours of battery life

byOladapo Riliwan
24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms
News

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

byTechnology Times Staff
23/03/2025
data-experts-push-for-unified-data-privacy-laws
News

Data protection experts seek unified data privacy laws in Africa

byFejiro Awowede
21/03/2025
nis-fights-corruption-with-contactless-passport
News

NIS: Nigeria battling corruption with contactless passport, e-visa

byOladapo Riliwan
21/03/2025
Misconfigurations cause 80% of cloud breaches, experts warn
News

Misconfigurations cause 80% of cloud breaches, experts warn

byOladapo Riliwan
21/03/2025
#Watch Technology Times TV #Live
TT TV

#Watch Technology Times TV #Live

byTechnology Times Staff
20/03/2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

1 × one =

UBA Ad UBA Ad UBA Ad
ADVERTISEMENT
ADVERTISEMENT
Access Bank Access Bank Access Bank
ADVERTISEMENT

Latest Articles

brodaband-ncc-plans-1800mhz-spectrum-trial

Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

17/06/2025
mtn-users-gets-top-cap-on-trump-mobile-plan

MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

16/06/2025
nira-taps-whois-privacy-redaction-for-ng-domain

NiRA begins WHOIS Privacy Redaction to protect .ng domain users

16/06/2025
efcc-chief-links-yahoo-boys-to-political-elites

EFCC chief links rising ‘Yahoo Yahoo’ to political elites, cryptocurrency

16/06/2025
tinubu-says-fibre-optic-to-power-nigeria-future

Tinubu says ₦3.1 trillion fibre optic link to power Nigeria’s digital future

12/06/2025
CrownCrystal Technologies CrownCrystal Technologies CrownCrystal Technologies
ADVERTISEMENT
ADVERTISEMENT

POPULAR ARTICLES

  • brodaband-ncc-plans-1800mhz-spectrum-trial

    Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

    72 shares
    Share 29 Tweet 18
  • MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

    62 shares
    Share 25 Tweet 16
  • CREDICORP: FG opens portal on www.credicorp.ng for Nigerians to access consumer credit

    15457 shares
    Share 6183 Tweet 3864
  • NIMC: How to use self-service portal for NIN update

    884 shares
    Share 354 Tweet 221
  • Access Bank unfolds digital expansion plan amid H1 2024 growth

    137 shares
    Share 55 Tweet 34
  • SERVICOM introduces barcode for Salaries and Wages Commission

    86 shares
    Share 34 Tweet 22
  • NIMC: Over 110 million Nigerians now enrolled for NIN

    98 shares
    Share 39 Tweet 25
  • Chrome automates safety check, tightens control over site access

    83 shares
    Share 33 Tweet 21
  • NYSC pledges support for FG’s digital literacy initiative

    84 shares
    Share 34 Tweet 21
  • Flutterwave expands Send App to Malawi 

    87 shares
    Share 35 Tweet 22

Latest Videos

  • TT TV
teniola-advocates-dynamic-billing-for-nigerians

Teniola advocates dynamic billing to protect Nigerian consumers | Technology Times Policy eXchange

14/04/2025
watch-mtn-nigeria-board-lawsuit-interview

#Watch: MTN Nigeria’s board is filled with ex-regulators—is this a conflict of interest?

24/03/2025
engr-banjo-on-local-content-in-nigeris-telecoms

Watch: Engr. Banjo on local content in Nigeria’s telecoms market

23/03/2025
#Watch: Technology Times Thought Leadership Series #Live

#Watch: Technology Times Thought Leadership Series #Live

20/03/2025
#Watch Technology Times TV #Live

#Watch Technology Times TV #Live

20/03/2025
Load More
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

technology-times-logo

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Advertising

Sign up for TT eNews

Get in touch here

CONTACT US

Phone: +234 (0) 1 454 1818
WhatsApp: +234 (0) 815 700 0100
Email: info@technologytimes.ng
Web: www.technologytimes.ng

LEGAL & COMPLIANCE

technology-times-logoHome

TT Privacy Policy

TT Terms & Conditions

TT Website Disclaimer

TT Guest Post Guidelines

TT Sitemap

VOffice

TOP STORIES

  • brodaband-ncc-plans-1800mhz-spectrum-trial

    Nigeria dangles broadband market stakes as NCC plans 1800MHz spectrum trial

    72 shares
    Share 29 Tweet 18
  • MTN users get top deal as Trump Mobile plans differential tariffs for Nigeria

    62 shares
    Share 25 Tweet 16
  • CREDICORP: FG opens portal on www.credicorp.ng for Nigerians to access consumer credit

    15457 shares
    Share 6183 Tweet 3864
  • NIMC: How to use self-service portal for NIN update

    884 shares
    Share 354 Tweet 221

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Big Story
  • News
    • News
    • Consumer Technology
    • Market Updates
    • Technology Insights
  • Interviews
  • Opinion
  • Digital Transformation Series
  • Special Reports
    • MWC Africa
    • Nigeria 5G Spectrum Auction
  • Login
  • Sign Up

©2004-2025 Technology Times, owned and operated by Digital Transformation Media Limited (DTML), Nigeria or its affiliates. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy Page.