Atlassian Acquires Visual Project Management Company Trello, Extending Collaboration Portfolio


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San Francisco, US, January 9 — Atlassian announced to acquire Trello for $425m, in cash and stock, in order to extend their team collaboration solutions. 2017 kicks off with very interesting acquisitions and mergers so far.

With other products like JIRA, Confluence, HipChat and Bitbucket, Atlassian managed to establish themselves as a market leader in offering IT service management and software development supporting environments. Adding the visual project management and collaboration tool Trello makes sense and fits the portfolio as well.

Trello is often applied in software development but can work in other areas as well. Everything goes if a task board makes sense for your operations. You can also make use of the iOS or Android app in order to sync on task and communicate. You can also use it just for yourself, without a team, or enable your family to work on a pro-collab level.

Trello is one of the leading task board and collaboration solutions out there. Think of it as a digital Scrum storyboard that everybody can access, no matter where they are physically located. They have a free offering, but they also charge for their “business class.” Enterprise pricing is bespoke and not listed on their website.

Trello is in competition with similar offerings such as Asana, CubEgg, Basecamp, Dapulse, and Wrike. Being combined with the other products of Atlassian, this would certainly allow customers to work in a more homogeneous work environment in the future.

Leadership insight

“Atlassian knows more about how teams work than any company on the planet, which is why our collaboration suite powers teams of all shapes and sizes, from bleeding-edge startups to the Fortune 50,” said Mike Cannon-Brookes, Atlassian’s co-Founder and co-CEO. “There is no silver bullet for teamwork. Teams have diverse ways of working and require a broad set of tools that adapt to their specific needs. Trello has built an incredibly sticky and useful product for organizing nearly any type of information simply and quickly. The addition of Trello will be a great complement to our existing portfolio of team collaboration software as we look to reach the 1 billion knowledge workers globally.”

“We share Atlassian’s mission of unleashing the power of all teams. As part of Atlassian, we will accelerate our efforts and continue to champion teams everywhere,” said Michael Pryor, Trello’s CEO. “Atlassian’s deep investments in research and development will help augment Trello’s product offering. And the broader team collaboration portfolio Trello will integrate with will let us help customers in new and exciting ways.”

About Atlassian

Atlassian unleashes the potential in every team. Our collaboration software helps teams organize, discuss and complete shared work. Teams at more than 65,000 large and small organizations – including Citigroup, eBay, Coca-Cola, VISA, BMW and NASA – use Atlassian’s project tracking, content creation and sharing, real-time communication and service management products to work better together and deliver quality results on time.

About Trello

Trusted by millions, Trello is an online tool that offers a visual, flexible, and collaborative way to manage projects and get organized. Trello provides perspective and structure to users’ lives by giving them a broad overview and understanding of how and what needs to be done. Launched in 2011, Trello has over 19 million users and raised $10.3 million in 2014, led by Index Ventures and Spark Capital.

YouTube: Getting Started With Trello (Demo)

Photo credit: Atlassian / Aundray Cheam / TechCrunch
Source: Annelise Reynolds (Atlassian press release) / Crunchbase
Editorial notice: The quotes and “about text” has been provided via public press release.

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Christopher Isak
Christopher Isak
Hi there and thanks for reading my article! I'm Chris the founder of TechAcute. I write about technology news and share experiences from my life in the enterprise world. Drop by on Twitter and say 'hi' sometime. ;)
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