Atlassian Buys Trello for US$425 Million

Online collaboration and project management (PM) are growing increasingly intertwined in business tech. Enterprise software visitor Atlassian today announced the first conquering carrying that trend into 2022, buying Trello for US$425 meg.

Trello is an intuitively designed, highly visual collaboration and PM app that uses Kanban-style management of virtual sticky notes and digital whiteboards. In a bargain of US$360 meg in cash and the residual in restricted shares, Atlassian volition acquire and integrate Trello into its entire suite of enterprise apps and services.

"There is no silverish bullet for teamwork. Teams have diverse ways of working and require a broad set of tools that suit to their specific needs. Trello has built an incredibly sticky and useful product for organizing nearly whatever type of data simply and chop-chop. The add-on of Trello volition be a great complement to our existing portfolio of team collaboration software," said Mike Cannon-Brookes, Co-Founder and Co-CEO of Atlassian, in a news release on the acquisition.

Trello volition likewise remain as standalone software in one case the transaction closes. The deal is expected to close in Q3 2022.

About Rob Marvin

Rob Marvin is PCMag's Associate Features Editor. He writes features, news, and trend stories on all mode of emerging technologies. Beats include: startups, business and venture capital, blockchain and cryptocurrencies, AI, augmented and virtual reality, IoT and automation, legal cannabis tech, social media, streaming, security, mobile commerce, Thou&A, and entertainment. Rob was previously Assistant Editor and Associate Editor in PCMag's Business organisation section. Prior to that, he served equally an editor at SD Times. He graduated from Syracuse Academy'southward S.I. Newhouse Schoolhouse of Public Communications. You can besides observe his business and tech coverage on Entrepreneur and Fox Business. Rob is too an unabashed nerd who does occasional entertainment writing for …

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