While some developers seem unhappy about an acquisition, it’s possible that Microsoft’s interest is GitHub’s saving grace. Bloomberg reported that despite growing revenue, the company posted a loss of $66 million (paywall) over the first nine months of 2016. In August 2017, CEO Chris Wanstrath announced he would step down.

Many firms depend on GitHub to collaborate and build their products. If it’s not making money, some bigger company will have to buy it to keep it afloat. Microsoft’s deep pockets can, at least, ensure that GitHub stays active for a long time.

This post has been updated with confirmation of Microsoft’s acquisition.

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