DevelopmentNEWS

Microsoft reportedly wants to acquire GitHub

Microsoft has reportedly been in talks to acquire code repository GitHub, according to Business Insider. GitHub received a valuation of $2 billion following the closure of a $250 million funding round led by Sequoia Capital in 2015.

Conversations about a potential acquisition have taken place for years, but resumed in earnest in recent months during talks about a potential marketing partnership, sources familiar with the matter told Business Insider. GitHub was reportedly asking for more money than Microsoft was willing to pay. It is not currently known if talks are ongoing…