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

Mike Cannon-Brookes, co-founder and CEO of Atlassian, speaks at the National Electrical Vehicle Summit in Canberra, Australia, on Aug. 19, 2022. Cannon-Brookes is urging Australia to show more ambition on climate action, even as the new government legislates plans to strengthen the country’s carbon emissions cuts. Hilary Wardhaugh | Bloomberg | Getty Images Atlassian said … Read more

Atlassian to buy Arc developer The Browser Company for $610M

Productivity software maker Atlassian has agreed to acquire The Browser Company, which makes the Arc and Dia browsers, for $610 million in cash. “Today’s browsers weren’t built for work; they were built for browsing. This deal is a bold step forward in reimagining the browser for knowledge work in the AI era,” Mike Cannon-Brookes, Atlassian’s … Read more

Atlassian rival Linear raises $82M at $1.25B valuation

Linear, an enterprise software maker that competes with many of Atlassian’s products, on Tuesday announced that it raised $82 million in a Series C funding round led by Accel. The round, which also had participation from 01A, Sequoia, Seven Seven Six, and Designer Fund, values Linear at $1.25 billion and brings the company’s total raised … Read more

Atlassian pops 19% on better-than-expected earnings, revenue outlook

Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 19% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. Shares traded near a fresh 52-week high and were on pace for their best day … Read more

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