https://www.bleepingcomputer.com/news/microsoft/microsoft-purchasing-github-for-75-billion-in-microsoft-stock/

Microsoft announced this morning that they are purchasing the source-code repository site GitHub for $7.5 billion USD in Microsoft stock. While rumors have been circulating since Friday, today is the first official confirmation that the acquisition is taking place.

According to Microsoft's announcement, the purchase still needs to go through regulatory review and the normal closing process, but it is expected to close by the end of of the year. After the closing takes place, Microsoft Corporate Vice President and Xamarin founder Nat Friedman will take over the role of GitHub's CEO and GitHub's current CEO, Chris Wanstrath, will become a Microsoft technical fellow and work on other software initiatives.