Microsoft acquires GitHub for $7.5 billion

Microsoft acquires GitHub

The rumors were true in the end, Microsoft acquires GitHub for $7.5 billion in Microsoft stock. And that’s not all, Chris Wanstrath is leaving and Nat Friedman will be taking on the role of GitHub’s CEO.

This agreement is expected to close at the end of the calendar year.

Once the acquisition closes, GitHub will be led by CEO Nat Friedman, who will continue to report to Microsoft Cloud + AI Group Executive Vice President Scott Guthrie; GitHub CEO and Co-Founder Chris Wanstrath will be a technical fellow at Microsoft, also reporting to Scott.

Read moreMicrosoft acquires GitHub for $7.5 billion

Verizon Buys Aol for $4.4 Billion

Guess what! Today I’m going tell you the news about two companies that I’ve never mentioned before in my site, Verizon and Aol…Ok let’s be fare, I mentioned Aol before when they shutdown TUAW.

If you read the title then I’m sure you already know what this news article is all about but let’s write it here again: Verizon Buys Aol for $4.4 Billion.

Read moreVerizon Buys Aol for $4.4 Billion

Microsoft Acquire Calendar App Sunrise for $100 Million

Microsoft seems to be hungry for some apps lately and doesn’t care about spending their money left or right.
According to the latest report from TechCrunch, Microsoft is acquiring the Calendar App Sunrise. This acquisition is the 3rd this year and it costed Microsoft $100 million.

Read moreMicrosoft Acquire Calendar App Sunrise for $100 Million