The developer platform GitHub, which is widely used for storing, sharing, and collaborating on code, will apparently soon be a Microsoft company.
Microsoft has reportedly acquired the San Francisco-based hosting service and might announce the deal as soon as Monday, a Bloomberg report said, according to “people familiar with the matter.”
Murmurs about the acquisition bubbled up late last week as the CEO-less GitHub was reportedly in talks with Microsoft about a sale. Its co-founder, Tom Preston-Werner, resigned in 2014 after harassment allegations surfaced.
Both Microsoft and GitHub haven’t responded to requests for comment.
Bloomberg reported that the company was swayed to sell instead of going public because it was impressed with Microsoft CEO Satya Nadella.
GitHub raised $250 million in 2015 and was last valued at $2 billion. Microsoft, a public company worth $760 billion, has a long list of acquisitions, including networking site LinkedIn in 2016 and Skype in 2011.
It looks like GitHub will be added to the list, giving Microsoft an edge in open-source development.