Piper Jaffray Reiterates Overweight on Microsoft (MSFT) Following GitHub Acquisition

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Go back to Piper Jaffray Reiterates Overweight on Microsoft (MSFT) Following GitHub Acquisition

Microsoft to acquire GitHub for $7.5 billion

June 4, 2018 9:00 AM EDT

Acquisition will empower developers, accelerate GitHub's growth and advance Microsoft services with new audiences.

REDMOND, Wash., June 4, 2018 /PRNewswire/ -- Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world's leading software development platform where more than 28 million developers learn, share and collaborate to create the future. Together, the two companies will empower developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of GitHub, and bring Microsoft's developer tools and services to new audiences.

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