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Atlassian acquires DX, a developer productivity platform, for $1B

Productivity software giant Atlassian is making its largest acquisition yet to add a developer productivity tool to its product suite. Atlassian announced Thursday it has agreed to acquire the developer productivity insight platform DX for $1 billion in cash and restricted stock. Enterprises use DX to analyze how productive their engineering teams are and identify bottlenecks slowing them down. DX was launched five years ago by Abi Noda and Greyson Junggren. Noda told TechCrunch in 2022 that h

Why Browser Company at $610M is cheap

first, what does this price mean for the browser company? their last round valued them at $550m, so this is basically giving the previous investors their money back. in other words, bare minimum price they could sell for without somebody taking a loss. pretty bad for them: the market sees no future value, josh’s “vision” for browsers couldn’t get better than buzzwords. second, what does this price mean for atlassian? they have $3b cash, so this is 20% of their piggy bank. and with $1.2b q3 prof

Browser Company (makers of Arc browser) Acquired By Atlassian for $610M

Roden Crater, James Turrell. Photographed by Agostino De Rosa, 2009. Today, The Browser Company of New York is entering into an agreement to be acquired by Atlassian in an all-cash transaction. We will operate independently, with Dia as our focus. Our objective is to bring Dia to the masses. Now that the headline is out of the way, we have to admit: it’s an odd experience writing an acquisition announcement. How do you fit five years of sweat, risk, and late nights into a few paragraphs? Espec

Atlassian is buying Arc maker The Browser Company for $610 million

The Browser Company — the maker of the Arc and AI-centric Dia browsers — is set to have a new owner. Atlassian is buying it for around $610 million in an all-cash deal , which it expects to close in the second quarter of its fiscal year 2026 (i.e. by the end of the 2025 calendar year). According to The Browser Company, it will continue to operate independently as it builds Dia. A private beta for the browser started in June . Arc (a well-regarded browser on which the company has ended active de

The Browser Company (Arc, Dia) Has Been Acquired by Atlassian

Today, I’m excited to share an exciting step forward for Atlassian. We’ve entered into an agreement to acquire The Browser Company of New York, the team behind the incredible Dia and Arc browsers. By combining The Browser Company’s passion for building browsers people love with Atlassian’s deep expertise on how the world’s best teams operate, we have the opportunity to transform how work gets done in the AI era. A Browser for Doing, Not Just Browsing Today’s browsers weren’t built for work. T

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 CEO and co-founder, said in a statement. “Together, we’ll create an AI-powered browser optimized for the many SaaS applications living in tabs – one that

Fired by video: Atlassian terminates 150 workers using pre-recorded video, sparking criticism

Cutting corners: Receiving a layoff notice is always hard, but the way the message is delivered can make the experience even more painful. The latest example: Atlassian's termination notification to 150 employees through a pre-recorded video. The restructuring not only highlights concerns about impersonal layoff announcements but also reflects the increasing influence of AI on jobs in the technology industry. Australian software giant Atlassian has eliminated 150 jobs as part of a major restruc

Atlassian terminates 150 staff

Atlassian CEO and co-founder Mike Cannon-Brookes sent the video titled “Restructuring the CSS Team: A Difficult Decision for Our Future” to staff on Wednesday morning (30 July), informing them that 150 staff had been made redundant. The video reportedly did not make it seem that the decision was difficult, but rather said it would allow its staff “to say goodbye”. The video itself did not announce who was leaving, but it told employees they would have to wait 15 minutes for an email about their

Atlassian terminates 150 staff with pre-recorded video

Atlassian CEO and co-founder Mike Cannon-Brookes sent the video titled “Restructuring the CSS Team: A Difficult Decision for Our Future” to staff on Wednesday morning (30 July), informing them that 150 staff had been made redundant. The video reportedly did not make it seem that the decision was difficult, but rather said it would allow its staff “to say goodbye”. The video itself did not announce who was leaving, but it told employees they would have to wait 15 minutes for an email about their

CEO Lays Off 150 Employees, Tells Them They'll Largely Be Replaced With AI

Executives are stumbling over themselves to replace pesky and expensive human labor with AI. In the latest instance, the billionaire cofounder and CEO of software giant Atlassian Mike Cannon-Brookes announced that 150 people would be laid off, with some jobs being replaced with AI tech, outlets including Sky News report. According to the Sydney Morning Herald, the cuts affect customer service roles exposed to AI. Cannon-Brookes made the announcement over a video call from his home. Affected s

Enterprise giants Atlassian, Intuit, and AWS are planning for a world where agents call the APIs

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more This dawning age of agentic AI requires a total rethink on how we build software. Current enterprise APIs were built for human use; the APIs of the future will be multi-model, native interfaces. “We need to build the kind of APIs that will work well with agents, because agents are the ones that are now going to interact with APIs, not hum