Jan 11, 2017 11:26 AM EST
Atlassian Buys Trello For $425 Million

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?

 PREVIOUS POST
NEXT POST 

EDITOR'S PICK    

Hyundai to Invest $16.1 Billion for EV Business; Sets Annual Sales Goal of 1.87M Electric Cars by 2030

World's Most Expensive and Most Heavily-optioned Porsche 928 GTS is Coming Home to the U.S.

Major Boost as Tesla Giga Berlin Facility in Final Phase of Approval Process; Delivery Event Set This Month

Audi Looking for e-tron Electric Vehicles to Spur Car Brand's Growth in India in 2022

Toyota Offers Free EV Charging to Owners of 2023 bZ4X After Partnership Agreement with EVgo

2022 Suzuki Baleno Finally Unveiled in India: What are the Specs and Features of this City Car?