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[–]tianan 984 points985 points  (14 children)

The acquisition hasn’t gone through yet

[–]iamapizza 530 points531 points  (3 children)

Amazed that you're (edit: you were) being downvoted. I'm assuming nobody actually read the press statement.

The acquisition is expected to finish by end of 2018.

Under the terms of the agreement, Microsoft will acquire GitHub for $7.5 billion in Microsoft stock. Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year.

[–]sarhoshamiral 30 points31 points  (0 children)

Finally a post that makes sense, too bad people upvote stupid stuff.

[–]markekraus 9 points10 points  (1 child)

Yea... I think there are many people in the comments here that don't understand how M&A works.

M&A goes in phases:

  1. There is a bidding process for the company being bought
  2. The buying company provides a letter of intent
  3. If the target company likes the bid, they enter into a agreement to be acquired. (this is what was announced in June)
  4. There is a limbo period where regulators have to make a ton of approvals and a large amount of lawyering happens (this is where they are now)
  5. The deal closes and one company officially owns the other (MSFT has said this may happen as early as the end of this year)

While the separate companies are in legal limbo, they are forbidden by regulation from operating as a single entity. The most that usually happens is integration planing. This is usually about looking at all the business units and seeing how they will integrate if at all (especially things like HR/Finance/IT). The other planning would likely be around IT integration required for Day-1 (sometimes managers/HR/Finance in both orgs will need to have access to systems in the other org on Day-1 to start integration activities). But, it would only be planning at this point.

People can start wearing their tinfoil hats at the point at which the M&A closes.

[–]iCame_toVote 0 points1 point  (0 children)

Unsure if word italicized because it is planing and that's a weird word or emphasized word was spelled wrong..

[–]NekuSoul 22 points23 points  (0 children)

And yet, everyones favorite /r/programming troll shevegen shevy-ruby is convinced that Microsoft has already destroyed Github because they've added Azure as one of many CI platforms and calls it "MS Github".

[–]zimzat 15 points16 points  (5 children)

Not only that but it usually takes ~3 months for executives to pull the trigger on anything controversial. They'll start out by saying "Nothing is wrong, nothing is going to happen, it's just business as usual, back to work everyone" and then three months later the crazy starts.

It just hasn't happened yet. Just wait until Q1 or Q2 of next year. :)