Microsoft’s acquisition of GitHub could be announced as soon as Monday (MSFT)

Satya Nadella

Microsoft and GitHub have agreed to an acquisition, according to a Bloomberg report.
The deal comes amid recent deal talks reported by Business Insider and could be announced as soon as Monday.
It’s unclear what the price of the acquisition is, though GitHub was last valued at $2 billion.

Microsoft and GitHub, the popular developer tools platform, have agreed to an acquisition and the deal could be announced on Monday, Bloomberg reported on Sunday.

The report, citing anonymous sources, does not provide the price that Microsoft will pay to acquire GitHub, which was last valued at $2 billion on the private markets in 2015.

Deal talks between the two companies were first reported by Business Insider on Friday. The two companies have explored a potential deal over the years; at one point last year, a $5 billion deal for GitHub was floated, multiple people told Business Insider. But things didn’t get far or serious.

A combination of Microsoft and GitHub would make a lot of sense from a product and customer perspective, and it could provide stability for GitHub, which has found plans to monetize its popular products more challenging than expected and suffered a lot of turnover in its executive ranks.

The company has been searching for a permanent CEO for nine months, following cofounder Chris Wanstrath’s decision to step down from the top job in August.

According to the Bloomberg report, GitHub lost $66 million over three quarters in 2016 and remains in the red. GitHub was attracted to a deal with Microsoft in part because of Microsoft CEO Satya Nadella, the report noted.

Microsoft declined to comment. GitHub could not immediately be reached for comment.

More on the big Microsoft-GitHub deal:

Read Business Insider’s report on the deal talks on BI Prime.

And BI’s analysis of why …read more

Source:: Business Insider

      

Report: Microsoft has acquired GitHub

Bloomberg is reporting that Microsoft has acquired GitHub, and will announce the deal on Monday. Github is an online service that allows developers to host their code in the cloud using the popular Git source management system, invented by Linux founder Linus Torvalds in 2005. In addition to being home to the overwhelming majority of open source projects, it’s also used by developers within companies to privately collaborate on software. It’s not inaccurate or hyperbole to call GitHub the epicenter of the software development universe. The site was last valued at $2 million in 2015, and it’s not yet known…

This story continues at The Next Web

Or just read more coverage about: GitHub,Microsoft …read more

Source:: The Next Web – Technology

      

Watch SpaceX launch a communications satellite tonight

Just two weeks after it successfully launched a batch of satellites into orbit, SpaceX is slated to send another Falcon 9 into space. The company will launch a SES-12 communications satellite from Cape Canaveral in Florida, with its launch window beginning at 12:29 AM EDT on Monday morning.

The satellite in question is from SES, a Luxembourg-based telecom company, and will provide communications services for the Asian-Pacific and Middle East regions. The company notes that it’s one of the largest that it’s ever launched, and that it will help provide data in a part of the world where demand is expected to grow rapidly in the coming years.

SpaceX initially planned to launch the rocket on May 31st, but delayed it to conduct some…

Continue reading…

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Source:: The Verge – All Posts

      

Wacha loses no-hit bid in 9th, Cardinals beat Pirates

ST. LOUIS — Michael Wacha lost a no-hit bid in the ninth inning when pinch-hitter Colin Moran led off with a single, leaving to a huge ovation and pitching the St. Louis Cardinals past the Pittsburgh Pirates 5-0 Sunday.

This was the second time Wacha had a no-hit try broken up in the ninth. As a rookie in 2013, he was one out away from a no-hitter when Washington’s Ryan Zimmerman got an infield single.

Wacha (7-1) came close to pitching the fourth no-hitter in the major leagues this season. He was in total control, striking out eight and walking two while mixing his fastball, curve and changeup.

Wacha retired the first 13 batters, and the closest the Pirates had come to a hit was Josh Bell’s flyout to the warning track in the second inning until the ninth. Moran fouled off the first three pitches before the Pirates rookie lined a clean single well over the head of second baseman Kolten Wong into right field.

That was all for Wacha, and the 26-year-old righty was pulled after 111 pitches — 119 is his career high. The crowd of 44,432 at Busch Stadium stood as Wacha walked off, and he received hugs from his teammates in the dugout.

Reliever Jordan Hicks gave up one hit while getting the last three outs.

Marcell Ozuna hit a grand slam on the eighth pitch of the game from Nick Kingham (2-2). In April, Kingham took a perfect game into the seventh inning against St. Louis in his big league debut before it was broken up.

The Cardinals have won three of four. Pittsburgh has …read more

Source:: Sportsnet.ca

      

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