Microsoft to Buy GitHub for $7.5 Billion

Mony
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Microsoft Corp. agreed to buy coding-collaboration site GitHub Inc. for $7.5 billion in stock, one of the biggest in a string of deals by Chief Executive Satya Nadella to transform the software giant beyond its legacy products and focus on fast-growing areas like cloud computing.

The deal values GitHub at nearly four times the $2 billion valuation given by private investors in a fundraising round three years ago. GitHub has grown into a major nexus for software developers to share and collaborate on code—it claims 28 million…

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