New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

Now you knowRandom

Microsoft’s GitHub Hits $1B In Revenue With Over 90M Active users

1 Mins read

Acquired in 2018 for $7.5B, Microsoft’s Github is an Internet hosting service for software development and version control using Git. It provides the distributed version control of Git plus access control, bug tracking, software feature requests, task management, continuous integration, and wikis for every project.

Microsoft recently disclosed GitHub’s annual revenue which stood at $200 to $300 million as at the time of acquisition, has grown up to $1 billion; and over 90 million active users on the platform, up from 28 million when it was newly acquired.

“Since our acquisition, GitHub is now at $1 billion annual recurring revenue and GitHub’s developer-first ethos has never been stronger,” Microsoft CEO Satya Nadella said in today’s earnings call. “More than 90 million people now use the service to build software for any cloud, on any platform — up three times.”

This is the first time Microsoft has publicly shared any financial data about the service.

A lot of developers especially open-source advocates have expressed their worry that Microsoft might change the way the service is performed and that it is most likely to reduce its free offerings to make more money.

However, GitHub debunked these insinuations by saying that its free service will continue to encourage open source and open source developers. Meanwhile, projects like GitHub Copilot probably wouldn’t have been possible all thanks to Microsoft. While some other users moved to GitLab and other related services, the increase in new users speaks volumes as to the growth and popularity of the platform amongst developers.

171 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Related posts
Now you know

How does data travel over the internet?

2 Mins read
The internet is a magical place where we can connect with friends, learn new things, and waste hours of our lives scrolling…
Now you know

Easiest ways to become a skilled Python programmer

2 Mins read
Python is a popular programming language that is widely used by developers and companies around the world. It is a powerful programming…
Artificial IntelligenceNow you knowRandom

Do You Know You Can Lose Your Study Visa For Using ChatGPT?

1 Mins read
The use of ChatGPT is causing concern among educators, with some schools outrightly banning the AI-powered tool from their networks. Such bans…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply