ExitRecord

Acquisition

GitHub and Microsoft: the deal on record

Microsoft agreed in June 2018 to acquire the code hosting platform GitHub for USD 7.5 billion paid in Microsoft shares. The acquisition completed on 25 October 2018, according to Microsoft's quarterly filing.1,2

Value as reportedUSD 7.5 billion in Microsoft stock1,2
Announced4 June 2018
Completed25 October 2018
SectorSoftware development platform

Timeline

  1. Microsoft announces an agreement to acquire GitHub for USD 7.5 billion in stock.1
  2. Microsoft completes the acquisition. Its 10-Q says the price included USD 1.3 billion in cash for vested GitHub equity awards and an indemnity escrow.2

Status now

Operates as a subsidiary of Microsoft.2

Sources

  1. Microsoft News Center, Microsoft to acquire GitHub for $7.5 billion (4 June 2018)
  2. US Securities and Exchange Commission (EDGAR), Microsoft Corp. Form 10-Q for the quarter ended 31 December 2018 (30 January 2019)