Atlassian Sets Long-Term Sales Goal of $10 Billion a Year

  • Software maker says it will more than triple number of workers
  • Vendor introduces new collaboration and productivity tools

Atlassian’s Global R&D Center in Bengaluru, India.

Photographer: Karen Dias/Bloomberg
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Atlassian Corp. announced a goal of $10 billion in annual revenue as the provider of productivity and collaboration tools continues its pivot to the cloud and expands its product line to reach a wider swath of corporate business.

“We have a clear and direct path toward it,” co-Chief Executive Officer Scott Farquhar said Thursday in an interview. “We set these goals to give investors comfort around the near-term opportunities.”