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Who owns GitHub? – Under30CEO

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Who owns GitHub? – Under30CEO

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Who owns GitHub? GitHub is owned by Microsoft Company. Microsoft acquired GitHub on October 26, 2018, in a deal valued at $7.5 billion. GitHub is a web-based platform for model management and collaboration, permitting builders to work collectively on tasks, handle repositories, and contribute to open-source tasks.

Firm Historical past

GitHub is a web-based platform that gives internet hosting for software program growth and supply code administration utilizing Git. It was based in April 2008 by Tom Preston-Werner, Chris Wanstrath, and PJ Hyett. Initially, GitHub was a privately held firm that was owned by its founders and traders.

Over time, the corporate gained important reputation and attracted numerous traders. A few of the notable investments included a $100 million Sequence A funding spherical led by Andreessen Horowitz in 2012 and a $250 million Sequence B spherical from Sequoia Capital, Institutional Enterprise Companions, Thrive Capital, and different traders in 2015. The possession of GitHub modified considerably on June 4, 2018, when Microsoft introduced that it had acquired GitHub for $7.5 billion in an all-stock deal.

The acquisition was accomplished on October 26, 2018, and since then, GitHub has been a subsidiary of Microsoft Company. Nat Friedman, a Microsoft company vp, was appointed as GitHub’s CEO, succeeding Chris Wanstrath. In abstract, GitHub was initially owned by its founders and numerous traders, however the firm is now a subsidiary of Microsoft Company.

Who was the unique founder?

GitHub was initially based in April 2008 by Tom Preston-Werner, Chris Wanstrath, and PJ Hyett. Tom Preston-Werner performed a big position in beginning the corporate and shaping its imaginative and prescient. Tom Preston-Werner, born on October 28, 1979, in Dubuque, Iowa, is a software program developer and entrepreneur.

He studied on the College of Iowa and majored in pc science and physics however didn’t full his diploma. Earlier than founding GitHub, Preston-Werner labored at Powerset, a pure language search engine firm which was finally acquired by Microsoft. He additionally co-founded Gravatar, a worldwide avatar internet hosting service, which was later acquired by Automattic, the corporate behind WordPress.

The concept for GitHub got here into existence when Tom Preston-Werner and Chris Wanstrath had been exploring higher methods for builders to collaborate, particularly on open-source tasks, which led to the creation of a user-friendly platform that leverages the Git model management system. The platform aimed to simplify the collaborative software program growth course of and to supply environment friendly code internet hosting and sharing providers for builders worldwide. Since its founding, GitHub has grown exponentially and has turn out to be an important platform for hundreds of thousands of builders and organizations throughout the globe.

In 2018, Microsoft acquired GitHub for $7.5 billion, and Nat Friedman grew to become the CEO of the corporate.

FAQ Part: Who Owns GitHub?

1. Who owns GitHub at the moment?

As of June 2018, GitHub is owned by Microsoft Company, a multinational know-how firm primarily based in the US.

2. When was GitHub based?

GitHub was based in April 2008 by Tom Preston-Werner, Chris Wanstrath, and PJ Hyett.

3. What’s the main perform of GitHub?

GitHub is a web-based platform that gives model management and supply code administration (SCM) to builders utilizing Git. It gives collaboration options for groups, non-public and public repositories, and instruments for operating software program growth workflows.

4. What’s a repository in GitHub?

A repository, or repo, is a cupboard space in your mission to stay, containing all of the recordsdata and folders related to a particular mission, together with the mission’s model historical past. Repositories may be public, making them obtainable for anybody to view and contribute, or non-public, proscribing entry to pick out customers.

5. Is GitHub free to make use of?

Sure, GitHub gives free plans for people and groups. Free customers can entry limitless private and non-private repositories, with limitless collaborators. Nonetheless, some superior options like crew entry controls and extra security measures are solely obtainable in paid plans.

6. What are the alternate options to GitHub?

Some standard alternate options to GitHub embrace GitLab, Bitbucket, SourceForge, and Gitea. Every platform gives its distinctive set of options and providers tailor-made to satisfy the wants of various customers within the software program growth group.

Sources for Extra Data

 

Featured picture supplied by Lukas; Pexels; Thanks!



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