Not long after rumors began rumble about Microsoft’s new transaction, Redmond has officially confirmed that they have purchased the popular GitHub programming platform.

Microsoft has allocated $7.5 billion for GitHub and it is expected that the acquisition will be finalized by the end of the year.

From Microsoft, GitHub will continue to work as an independent platform and will retain the “programming ethos”. On the other hand, Redmond’s management has already selected a new director of GitHub, so the former director and one of the co-founders of Chris Wanstrath’s company will be replaced by former head of Xamarin, Nat Friedman, who said he did not plan to seek the trust of users of his new platforms – it’s already known how it plans to make money.

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