Atlassian, the supplier of staff collaboration and productiveness software program, has acquired The Browser Firm, the creator of the Dia and Arc browsers, in an all-cash transaction valued at $610M. The acquisition goals to ship the browser for data work within the AI period, remodeling how professionals work together with internet purposes and full duties on-line.
“At the moment’s browsers weren’t constructed for work; they have been constructed for looking. This deal is a daring step ahead in reimagining the browser for data work within the AI period,” remarked Mike Cannon-Brookes, CEO and cofounder of Atlassian. “Collectively, we’ll create an AI-powered browser optimized for the various SaaS purposes dwelling in tabs – one which data staff will love to make use of daily.”
At the moment’s browsers weren’t constructed for work; they have been constructed for looking. This deal is a daring step ahead in reimagining the browser for data work within the AI period. Collectively, we’ll create an AI-powered browser optimized for the various SaaS purposes dwelling in tabs – one which data staff will love to make use of daily. – Mike Cannon-Brookes
Based in 2019 by Josh Miller and Hursh Agrawal, The Browser Firm had raised a complete of $68M in fairness funding and is backed by Tempo Capital, NextView Ventures, Salesforce Ventures, Atlassian Ventures, BoxGroup, LinkedIn’s Jeff Weiner, Medium’s Ev Williams, Figma’s Dylan Area, Notion’s Akshay Kothari, and GitHub’s Jason Warner.
The Browser Firm developed Arc, a browser that reimagined internet looking with revolutionary options like Areas and command bar navigation, and extra not too long ago launched Dia, an AI-first browser designed to be quicker and extra clever. As a part of the acquisition, The Browser Firm will function independently underneath Atlassian and proceed growing Dia as its main focus.
“We are going to function independently, with Dia as our focus. Our goal is to deliver Dia to the plenty,” mentioned Miller, CEO of The Browser Firm. “At the moment, The Browser Firm of New York is coming into into an settlement to be acquired by Atlassian for $610M in an all-cash transaction.”
We are going to function independently, with Dia as our focus. Our goal is to deliver Dia to the plenty. – Josh Miller
The acquisition addresses a elementary drawback in at present’s work setting: present browsers have been constructed earlier than the explosion of SaaS purposes and the AI revolution. For data staff, every browser tab represents a distinct workflow – a gathering to schedule, a design to evaluation, or a memo to jot down – however present browsers stay passive bystanders, unable to attach enterprise processes or present contextual help.
Underneath the phrases of the definitive settlement, the transaction shall be funded by way of money from Atlassian’s steadiness sheet and is predicted to shut within the second quarter of Atlassian’s fiscal yr 2026, topic to customary closing circumstances and required regulatory approvals. The acquisition is just not anticipated to have a fabric influence on Atlassian’s financials in fiscal years 2026 and 2027.
The Browser Firm wasn’t quick on suitors, with studies indicating that AI search startup Perplexity and OpenAI had additionally explored buying the corporate.