Atlassian acquires team-management software vendor Trello

The vendor of HipChat will pay US$425m in cash and stock

Atlassian, the company behind HipChat and the JIRA software development tool, plans to acquire Trello, a vendor of the eponymous collaborative project management software.

The deal will give Atlassian users new ways to organize, discuss and complete their work, Mike Cannon-Brookes, Atlassian's co-founder and co-CEO, wrote in a blog post Monday.

"By adding Trello to the Atlassian family, we're giving teams more choice in the tools they use to support the way that they want to work," he said. Trello will offer "a fun new way for teams to organize the often messy range of information that feeds into great teamwork."

Trello, with more than 19 million users, is a "break-out success" in the team-building software market. Among Trello's customers: Google, PayPal, Kickstarter, and Pixar, according to the company's website.

"Trello's pioneering use of an intuitive visual system has been embraced by all kinds of teams to do everything from managing marketing campaigns to tracking action items from team meetings," Cannon-Brookes wrote. "Atlassian's mission is to unleash the potential in every team. In Trello, we found a group that is as dedicated to helping teams get stuff done as we are."

The Trello card-based system is intuitive and easy to use, he added. It's popular with marketing, legal, HR, and sales teams.

The acquisition, expected to close later this quarter, is priced at US$425 million, with $360 million in cash and the remainder in stock, an Atlassian spokesman said.

Trello, launched in 2011, was spun out from parent company Fog Creek Software in 2014. The company raised $10.3 million in funding led by Spark Capital and Index Ventures.

The 14-year-old Atlassian has acquired nearly 20 companies in that time.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?