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As a part of its earnings name, Microsoft at the moment introduced a lot of new information factors for GitHub, the massively fashionable code repository service it acquired for $7.5 billion in 2018. In line with Microsoft, GitHub now has an annual recurring income of $1 billion, up from a reported $200 to $300 million on the time of the acquisition.
The corporate additionally introduced that the service now has over 90 million lively customers on the platform, up from 28 million when the acquisition closed and 73 million final November, when Thomas Dohmke changed Nat Friedman because the service’s CEO.
This marks the primary time Microsoft has shared any monetary information in regards to the service the acquisition closed.
“Since our acquisition, GitHub is now at $1 billion annual recurring income and GitHub’s developer-first ethos has by no means been stronger,” Microsoft CEO Satya Nadella mentioned in at the moment’s earnings name. “Greater than 90 million folks now use the service to construct software program for any cloud, on any platform — up thrice.”
For essentially the most half, Microsoft let GitHub be GitHub because the acquisition closed. Early on, loads of builders — and particularly open-source advocates — nervous that Microsoft would change the best way the service operated and scale back its free choices as a way to squeeze extra money out of it. However as an alternative, GitHub expanded its free service and has continued to embrace open supply and open-source builders. In the meantime, tasks like GitHub Copilot most likely wouldn’t have been potential with out the assistance of Microsoft. And whereas some customers defected to GitLab and different companies, the brand new customers numbers communicate for themselves.
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