CRM

Microsoft Buys Github & 2018's Other Major Tech M&As

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  • (0: 20 ) - Microsoft Acquires Github For $7.5 Billion
  • (3: 25 ) - Adobe To Acquire Magento
  • (5: 00 ) - Paypal Buys iZettle For $2.2 Billion
  • (7: 00 ) - Salesfore and Mulesoft Acquisition

On today's episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses Microsoft's MSFT $7.5 billion acquisition of open-source software development pioneer GitHub and recaps the latest M&A trends in the technology sector.

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Microsoft announced Monday that it is buying GitHub in an all-stock deal, underscoring the tech behemoth's new commitment to open-source development and reinvigorating its software business. GitHub will continue to run relatively independently, and Microsoft will burn none of its more than $130 billion in cash to fund the deal.

Tax reform incentives seemed to suggest that tech firms would finally be spending some of their overseas cash on big deals this year, but that has not necessarily been the case so far. Still, a number of major tech M&As have gone down, and several interesting trends have emerged.

Ryan takes a look at Adobe's ADBE plan to buy e-commerce solutions provider Magento, as well as PayPal's PYPL acquisition of fintech firm iZettle, and examines how industry leaders are using new technologies to modernize small business transactions.

He also digs into Salesforce's CRM deal to take over MuleSoft MULE and compares it to the Microsoft-GitHub acquisition. Salesforce and Microsoft, leaders in their own right, have looked at the evolving nature of the tech sector and expanded outside their traditional core businesses. Why? Ryan answers this question, and more, on today's episode of Tech Talk Tuesday.

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As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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