Atlassian agrees to acquire The Browser Co. for $610 million

Acquisitions

Summary

Atlassian agreed to acquire The Browser Co. for $610 million in cash. The Browser Co. builds AI-enabled browsers, including Arc and Dia, and Atlassian wants to combine their browser experience with its enterprise software expertise. The deal is expected to close in Atlassian’s fiscal second quarter, ending in December. The transaction highlights Atlassian’s interest in making browser workflows better for users of products like Jira and in embedding more AI into the browser experience.

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Collaboration & Communication

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SaaS Collaboration Software Project Management Software

Linked Companies

Atlassian
$5M to $10M