It has been confirmed today that the project management website and service Trello has this week been acquired by software company Atlassian for $425 million.
Atlassian is a software company that provides innovative enterprise products to help organizations “dream big, work smart, and deliver fast”. The acquisition is expected to be completed before March 31st, 2017.
The Tech Crunch website explains a little more about the goals off the company after the acquisition.
In our conversation, Simons also noted that he believes the cultures in both companies are very similar and that both share the same “big audacious goal:” to get to 100 million monthly active users. To get there, Atlassian has to go beyond its traditional market of developer teams and branch out into other verticals. It’s no surprise then, that the company’s press release specifically cites Trello’s popularity with business teams in finance, HR, legal, marketing and sales and notes that 50 percent of Trello users work in non-technical functions.
Atlassian was originally founded in 2002 in Sydney, Australia, the company has quickly grown to establish a global presence with over 40,000 customers in over 134 countries.
Source: Tech CrunchFiled Under: Technology News, Top News