Microsoft logo is seen during the 2015 Microsoft Build Conference. Photo: Stephen Lam/Getty Images
Microsoft is said to be in talks to buy GitHub, a popular online repository for software code, with an announcement possible this coming week.
Why it matters: Microsoft, which once saw open source as its enemy, has done a full 180. Its Azure cloud operating system treats Linux as a first class citizen and the company is increasingly trying to appeal to all developers. Buying GitHub would get it even tighter with that crowd.
Several mediaoutletshave reported the deal is all but done, which also is what a source tells Axios.
Another source close to the situation; however, says that there is a lot of misinformation floating about (which may refer to a reported $5 billion price-tag, as opposed to the deal itself).
The backdrop: Founded in 2008, San Francisco-based GitHub only raised outside funding twice, most recently at a valuation of around $2 billion. Investors include Andreessen Horowitz, Sequoia Capital, IVP and Thrive Capital.
