Atlassian Buys Trello For $425 Million

Jan 11, 2017 11:26 AM EST | Danica Esguerra

Popular for collaborative software, Atlassian has acquired rights for Trello. The acquisition for Trello is the largest one in the history of Atlassian.

Atlassian announced last Monday that they have acquired the popular productivity application, Trello.  The company bought Trello for $425 million and is the largest acquisition Atlassian has ever made. It is also the company's 18th acquisition made in the last fourteen years. According to the Atlassian president, Jay Simons, he notes that they are planning to keep Trello's services alive. Users who are expecting some changes since the acquisition won't immediately see changes made by Atlassian to Trello immediately. The company is only paying Trello about $360 million and the rest of it will be in the form of stocks.

Trello is a popular web-based productivity app that lets users form collaborative work with other people remotely. First released in 2011, Trello now has over nineteen million registered users that use the application. The popularity of Trello stems to the simple HUD and the usage of the Kanban Board, which makes it easier for collaboration with other people.

"We are a perfect home for them, because we are a company that stands for the same thing that they also care about, which is teams," Simons said. Trello will be an asset to Atlassian's productivity tools. Atlassian's own JIRA, which is a project management tool, follows the same kanban board-style that Trello uses. What Atlassian could possibly do with Trello is to integrate its simplicity to Atlassian users to provide a board to keep track of their projects.

According to Simons, Trello will remain as a standalone application in the meantime. They'll be looking into integrating Trello with the other existing Atlassian software. So users can get to enjoy Trello's features without seeing any major changes in the application. Atlassian will also keep the chief executive of Trello, Michael Pryor in charge of Trello.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?

© 2024 Auto World News, All rights reserved. Do not reproduce without permission.
Get the Most Popular Autoworld Stories in a Weekly Newsletter

Join the Conversation

Real Time Analytics