Atlassian to Buy Trello Project Management App Maker for $425 Million

Deal may help collaboration software maker win more non-technical business customers
By
Dina Bass

Jay Simons, president of Atlassian Software Systems Ltd.

 Photographer: Tony Avelar/Bloomberg

Atlassian Corp., maker of work collaboration software Jira and HipChat, agreed to acquire Trello, which offers a popular project management app, for $425 million. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Classified Military Satellite Goes Missing After SpaceX Launch
  2. ‘It Can’t Be True.’ Inside the Semiconductor Industry’s Meltdown
  3. Cryptocurrencies Are Selling Off
  4. H&M Apologizes After Using Black Child in ‘Monkey’ Hoodie Ad
  5. Kodak Surges After Announcing Plans to Launch Cryptocurrency Called 'Kodakcoin'