As a part of its earnings call, Microsoft as we speak introduced numerous new information factors for GitHub, the massively well-liked code repository service it acquired for $7.5 billion in 2018. In response to 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 stated in as we speak’s earnings name. “Greater than 90 million individuals now use the service to construct software program for any cloud, on any platform — up thrice.”
For probably the most half, Microsoft let GitHub be GitHub because the acquisition closed. Early on, plenty of builders — and particularly open-source advocates — frightened that Microsoft would change the best way the service operated and cut back its free choices with the intention to squeeze more cash out of it. However as a substitute, GitHub expanded its free service and has continued to embrace open supply and open-source builders. In the meantime, initiatives like GitHub Copilot in all probability 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.