Various rumors circulating have Microsoft eyeing the popular storage service code GitHub.
A Publication from Business Insider reports that it knows from sources both from GitHub and Microsoft that the two companies first met to discuss a joint venture marketing and are now thinking of a full merger.
If rumors are true, the deal will move to the amount of 5 billion dollars, a price that a source Reported on CNBC that is too high for Microsoft.
It is unclear whether these talks are part of a serious concern if they are inactive or if they continue even today.
GitHub, in 2015, was valued at around $2 billionmillions dollars, and a few years ago it was looking for financing to go public. But things changed when GitHub CEO Chris Wanstrath stepped down last fall. The company has yet to find a replacement, although it is considering executives from Microsoft and Google.
If the rumors turn out to be true and the acquisition is done by Microsoft, both companies will benefit. Owning Git Hub will give Microsoft direct access to hundreds of millions of developers, working on millions of businesses and projects. These developers can more easily use Microsoft cloud services and more products the company's.
Additionally, Git Hub is a gold mine data and AI resources. Acquiring the service could hypothetically give Microsoft access.
As far as the benefits that GitHub can make, they are much more measurable: 5 billions of dollars is not much.
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