https://techcrunch.com/2018/06/04/microsoft-has-acquired-github-for-7-5b-in-microsoft-stock/

After a week of rumors, Microsoft today confirmed that it has acquired GitHub, the popular Git-based code sharing and collaboration service. The price of the acquisition was $7.5 billion in Microsoft stock. GitHub raised $350 million and we know that the company was valued at about $2 billion in 2015.

Former Xamarin CEO Nat Friedman (and now Microsoft corporate vice president) will become GitHub’s CEO. GitHub CEO Chris Wanstrath will become a Microsoft technical fellow and work on strategic software initiatives.