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MS paid that much for GitHub because it was a bargain. Their market cap is about $770 billion, after the acquisition announcement they’re stock is up 2%, which
by CyanLite2 8y ago
MS paid that much for GitHub because it was a bargain. Their market cap is about $770 billion, after the acquisition announcement they’re stock is up 2%, which paid for the acquisition and then some. And the $7.5b given to Github wasn’t in cash, it was completely done in MSFT shares.
In return they get access to millions of developers who’ve never tried .NET, Windows, or Azure. Even just converting a small fraction of those is billions in added revenue.
- sreyaNotfilc 8y agoFor me, its actually a really good thing. I've been on the .NET stack my entire career. I love using it (obviously, since I'm use to it). But, there's always been a lingering worry that time may be up for my skillset (at least for non-government work). The move, seems as if Microsoft is really pushing hard to make .NET the defacto developer platform of the web. Or at least, focusing on making it very compelling to use. Not just for old work, but going into the future.