Enterprise

GitHub is now officially part of Microsoft following the close of its $7.5 billion acquisition

Microsoft CEO Satya Nadella and incoming GitHub CEO Nat Friedman
Incoming GitHub CEO Nat Friedman (left) and Microsoft CEO Satya Nadella (right) Microsoft
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Microsoft's $7.5 billion acquisition of GitHub, which Business Insider first reported in June, is now complete, the company announced on Friday.

GitHub is now officially run by Nat Friedman, the CEO of another Microsoft acquiree Xamarin. He reports directly to Scott Guthrie, Microsoft's cloud boss and head of AI.

Friedman told Business Insider earlier this month that GitHub will become a cornerstone of Microsoft's newfound leadership position in the world of open-source software, where it's become a major player.

"I’ve spent the past few months meeting with hundreds of developers as I prepared for this role, from maintainers to startups to large businesses," Friedman said in a blog post Friday. "The passion for GitHub is amazing—both in the areas where we excel and in the areas where you want us to do more."

"Three objectives will be top of mind for us as we build the future of GitHub: Ensuring GitHub is the best place to run productive communities and teams;  Making GitHub accessible to more developers around the world; Reliability, security, and performance," Friedman wrote.

And Microsoft CEO Satya Nadella was no less enthused.

"We believe in the power of communities to achieve more together than what their members can do on their own, and that collaborative development through the open source process can accelerate innovation," Nadella said in a statement to Business Insider about the deal.

GitHub also announced that it now has 31 million developers using its platform, an increase of 3 million since June.

Read more about Microsoft's strategy with GitHub and how its new CEO Nat Friedman intends to drive the developer platform forward into its next stage of life.

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Becky Peterson was formerly a tech features correspondent focused on long-form profiles and investigations into the most interesting people and companies at the intersection of technology and finance.She's broken news on major tech stories including Palantir's work on Project Maven, Peter Thiel's $18 million estate in Miami (which was once featured on MTV's 'The Real World'), Jeffrey Epstein's tour of SpaceX, and Uber CEO Dara Khosrowshahi's insistence that employees take "the D."Previously, she covered enterprise tech and tech investment banking with a focus on M&A, IPO and venture capital deals in San Francisco. She graduated from New York University with a master's degree in media, culture and communication with an emphasis on technology and society. ExpertiseSilicon Valley, Venture Capital, Investment Banking, Jeffrey Epstein, Ghislaine MaxwellPopular articlesInside the turmoil at the Bill & Melinda Gates Foundation, where employees say divorce, Epstein, and vaccines have left some staffers polishing their résumésThe secret life of Ian Osborne, the shadowy 38-year-old cofounder of Chamath Palihapitiya's SPAC who has built the ultimate black book of billionairesSilicon Valley VCs are at war with the 'far left radicals' running CaliforniaInside the life of Ghislaine Maxwell's secret husband, a once-high-flying tech entrepreneur backed by Eric Schmidt who is now a central figure in one of the country's most high-profile legal casesRent the Runway CEO Jennifer Hyman, one of the most successful female founders, is fighting to save her companyJeffrey Epstein set Elon Musk's brother up with a girlfriend in effort to get close to the Tesla founder, sources sayA drunken late-night assault allegation has roiled the secretive world of Mark Zuckerberg's private family office. Personal aides are speaking out about claims that household staff endured sexual harassment and racism from their colleagues.