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Atlassians’ Acquisition of Trello - Venture Insights

Report Overview

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Atlassians’ Acquisition of Trello

PublisherVenture Insights.
Publish Date January 23, 2017
Sector acquisition, ERP, Project Management, Technology, Web App.
Company Atlassian, Trello.

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Buy this Report

Atlassian, an Enterprise Software company has agreed the acquisition of Trello, a project management application, at the price of US$425 million.

The acquisition allows Atlassian to further expand their offerings to the non-software developer market, whilst following the market movement towards software consolidation.

Following announcement of the acquisition, Atlassian have raised their full year revenue forecast to $613 million which includes $4 million in estimated revenue from Trello.