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Atlassian is acquiring The Browser Company

(www.cnbc.com)
520 points kevinyew | 1 comments | 04 Sep 25 12:12 UTC | HN request time: 0s | source
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Shank ◴[04 Sep 25 13:06 UTC] No.45126819[source]▶
I would've actually expected a buyer like OpenAI or Anthropic, if I'm being perfectly honest. Atlassian is such a strange buyer. $610m in cash is really low in the grand scheme of AI pricing too. If they're only worth $610m, I feel like this says a lot that "AI browsers" aren't actually worth that much. Remember, Instagram was $1b. The Windsurf acquihire was $2.4b and there are surely a lot more people in business that use browsers than write code.

Was Atlassian the highest bidder, or was Atlassian the only bidder?

replies(4): >>45126997 #>>45127512 #>>45127956 #>>45132867 #
1. warthog ◴[04 Sep 25 13:22 UTC] No.45126997[source]▶
Considering they never made revenue, there must be more than one bidder - otherwise the price could have been much lower. I remember them raising at $500 MM at the last round