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Microsoft In A Deal Worth $7.5 Billion To Buy A Software Development Platform

Microsoft Corporate Vice President, will become GitHub CEO.

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Surface Go to add big to our growth in 2019: Microsoft India.

Microsoft on Monday said it will buy software development platform GitHub, in a deal worth $7.5 billion which will blend two opposite corporate cultures.

The tech giant, based in Washington state, is a heavyweight in terms of software whose source codes are not openly available or modifiable, exactly the counter of GitHub’s philosophy.

Created in 2008, GitHub allows developers to cooperatively manage software and has more than 28 million users around the world.

“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” Microsoft chief executive Satya Nadella said in a statement.

“We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenges.”

The veteran tech firm said it “will acquire GitHub for $7.5 billion in Microsoft stock.”

Logo of Github
Logo of Github, Pixabay

Subject to customary closing conditions and regulatory review, the deal is expected to be finalized by the end of the year, Microsoft said in a statement on its website.

“GitHub will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries,” Microsoft said.

“Developers will continue to be able to use the programing languages, tools and operating systems of their choice for their projects — and will still be able to deploy their code to any operating system, any cloud and any device.”

Microsoft has begun moving towards an open source software culture, proposing for example Linux on its Windows Azure cloud service. It also started a training program with Linux and others.

Microsoft Corporate Vice President Nat Friedman, founder of Xamarin and an open source veteran, will become GitHub CEO.

GitHub’s current chief executive, Chris Wanstrath, will move to Microsoft as a technical fellow to work on strategic software initiatives.

Writing on The GitHub Blog, Wanstrath said that he “could have never imagined” news of such a merger, when open source and business were considered as different “as oil and water” a decade ago.

But he said Microsoft and GitHub have already collaborated on projects, and “their vision for the future closely matches our own.”

Logo of Microsoft outside it's office
Logo of Microsoft outside it’s office, Pixabay

He said “both believe that software development needs to become easier, more accessible, more intelligent, and more open, so more people can become developers and existing developers can spend more time focusing on the unique problems they’re trying to solve.”

In April, Microsoft reported that its earnings rose 35 percent to $7.4 billion in the fiscal third quarter, with revenue up 16 percent to $26.8 billion.

Earnings were lifted by gains in its core cloud computing operations for business.

Also read: Microsofts android launcher track kids location app usage

Microsoft said the GitHub acquisition is expected to have a negative impact on 2019 earnings but positive beginning in 2020. (VOA)

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Tata Communications Partners Microsoft for Connected Car Applications

There will be additional capability to equip vehicles with encrypted vehicle-to-cloud connectivity globally through the Tata Communications' "MOVE" platform to address key challenges that complicate the creation of vehicle-to-everything (V2X) applications

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Microsoft, Taiwan AI
A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

Tata Communications has announced it is working with Microsoft to help speed up the development of new innovative connected car applications.

By combining the IoT connectivity and network intelligence capabilities of Tata Communications’ “MOVEa platform with Microsoft’s “Connected Vehicle Platform”, the companies will enable automotive manufacturers to offer consumers seamless and secure driving experiences.

“In the not-too-distant future, you won’t view your car as a mode of transportation, you’ll view it as a mode of entertainment – and the opportunities that this opens up in areas like video streaming, retail, advertising and insurance are immense,” Anthony Bartolo, Chief Product Officer, Tata Communications, said in a statement late Wednesday.

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Tata Communications joins Microsoft in connected car space. IANS

Microsoft’s “Connected Vehicle Platform” combines Cloud and edge services with a strong partner network to empower automotive companies to build connected driving experiences.

There will be additional capability to equip vehicles with encrypted vehicle-to-cloud connectivity globally through the Tata Communications’ “MOVE” platform to address key challenges that complicate the creation of vehicle-to-everything (V2X) applications.

Also Read: Here’s Why CEO Jeff Bezos Decided Books to be Amazon’s First Product

This integration means that players within the connected car ecosystem – from manufacturers, dealerships, insurers to fleet operators and others – will be able to bring to market new value-added services more quickly and cost-effectively, and ensure that they offer drivers reliable, consistent user experiences, anywhere in the world.

“The integration will make analysing data from vehicles easier for car manufacturers across all services and allow them to complete software updates quickly. It will also help service centres maintain vehicles more effectively,” said Tara Prakriya, Partner Group Program Manager, Microsoft Connected Vehicle Platform and Mobility, Microsoft. (IANS)