Gitorious: Code collaboration platform GitLab acquires rival Gitorious, will shut it down on June 1

Code hosting and collaboration platform for software developers GitLab has announced its acquisition of Gitorious, the first Git repository management system, launched back in 2007. The financial terms of the deal are not disclosed except that it was part cash and part based on an earn-out of transitioning current Gitorious paying clients to GitLab. The Gitorious platform will be shut down on June 1, 2015, GitLab's founder Sytse Sijbrandij told TNW. By that date, all customers will be able to easily migrate their projects to GitLab. Both GitLab and Gitorious are open-source code collaboration platforms based on Git repository management…This story continues at The Next Web