Microsoft-owned GitHub: 90 million active users, $1 billion in ARR while staying true to its "original form"

Microsoft has made a number of business acquisitions, many of which have proven to be very beneficial to the tech giant. The biggest of them all is GitHub, which got a huge thumbs up during its earnings call after being able to hit $1 billion in annual recurring revenue.

Microsoft acquired the software developer-focused web-based version control and collaboration platform in June 2018 for $7.5 billion. At the time, it was only generating $200 to $300 million in revenue and had about 28 million active users. Now, the GitHub community has grown tremendously, eventually reaching 90 million active users and growing revenue.

"Since our acquisition, GitHub now has $1 billion in annual recurring revenue, and GitHub's developer-first ethos has never been stronger," said Microsoft CEO Satya Nadella. More than 90 million people now use the service to build software on any platform for any cloud—a tripling of growth."

Still, despite these huge achievements, it's important to note that GitHub is Not much has changed in terms of access to the free services it offers. This was the fear of many users before the acquisition, but instead of using a hosting service to quickly recoup the money spent, Microsoft decided to retain its original nature as a free online software development platform. It has also chosen to improve the website by adding CI/CD tools, security tools, GitHub Actions, Codespaces, and more. Now it is reaping what it sows.

GitHub CEO Thomas Dohmke said in a statement to TechCrunch: "Microsoft has not forgotten why we did this deal in the first place and what the important pillars of the deal were," he said about how GitHub remains "original" Form" expressed appreciation. After acquisition. "The first principle is to put developers first. That's what we do every day,"

The above is the detailed content of Microsoft-owned GitHub: 90 million active users, $1 billion in ARR while staying true to its "original form". For more information, please follow other related articles on the PHP Chinese website!