For Microsoft Corp. acquiring GitHub Inc. is a self vindicated Business Strategy - Not a Financial artifice …
For Microsoft Corp. acquiring GitHub Inc. the most admired coding platform where developers share and collaborate on projects, for $7.5 billion worth of Microsoft stock.This deal will intensify the company’s relationship with developers and allow its tools to hold out a broader audience within the world of open-source software, both a fling back to the company’s earliest roots and a sharp turnaround from where it was a decade ago. More than 28 million developers around the world use GitHub, Microsoft said, acknowledging the crucial role that developers have played in revolutionizing the modern economy. “Today, every company is becoming a software company and developers are at the center of digital transformation,” Microsoft said in a news release. Microsoft’s origin story lies in the market for software-development tools. Bill Gates and Paul Allen co-founded the company to give hobbyists a way to program a new micro-computer kit, the MITS Altair. Decades before former Chief...