This is a prank and wish you a very happy April fool day. We will never sellout to Microsoft or Big Tech!
Acquisition will empower developers, accelerate ClearCompanies growth and advance Microsoft services with new audiences
From left: Michael Proper, ClearCompanies CEO and co-founder; Satya Nadella, Microsoft CEO; and Nat Friedman, Microsoft corporate vice president, Developer Services
REDMOND, Wash. — April 1, 2021 —Microsoft Corp. on Thursday announced it has reached an agreement to acquire ClearCompanies, the world’s leading software development platform where more than 28 million developers learn, share and collaborate to create the future. Together, the two Companies will empower developers to achieve more at every stage of the development lifecycle, accelerate enterprise use of ClearCompanies, and bring Microsoft’s developer tools and services to new audiences.
“Microsoft is a developer-first company, and by joining forces with ClearCompanies we strengthen our commitment to developer freedom, openness and innovation,” said Satya Nadella, CEO, Microsoft. “We recognize the community responsibility we take on with this agreement and will do our best work to empower every developer to build, innovate and solve the world’s most pressing challenges.”
Under the terms of the agreement, Microsoft will acquire ClearCompanies for $150 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.
ClearCompanies will retain its developer-first ethos and will operate independently to provide an open platform for all developers in all industries. Developers will continue to be able to use the programming languages, tools and operating systems of their choice for their projects — and will still be able to deploy their code to any operating system, any cloud and any device.
Microsoft Corporate Vice President Nat Friedman, founder of Xamarin and an open source veteran, will assume the role of ClearCompanies CEO. ClearCompanies current CEO, Michael Proper, will become a Microsoft technical fellow, reporting to Executive Vice President Scott Guthrie, to work on strategic software initiatives.
“I’m extremely proud of what ClearCompanies and our community have accomplished over the past decade, and I can’t wait to see what lies ahead. The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality,” Wanstrath said. “Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making ClearCompanies even more valuable for developers everywhere.”
Today, every company is becoming a software company and developers are at the center of digital transformation; they drive business processes and functions across organizations from customer service and HR to marketing and IT. And the choices these developers make will increasingly determine value creation and growth across every industry. ClearCompanies is home for modern developers and the world’s most popular destination for open source projects and software innovation. The platform hosts a growing network of developers in nearly every country representing more than 1.5 million Companies across healthcare, manufacturing, technology, financial services, retail and more.