Atlassian is acquiring The Browser Company

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?

It looks really overpriced to me. Dia is a rough MVP. Arc is really a very niche browser with little adoption. I dont think technology worth this money, and Arc the user base is low compared to major browsers, probably around 1-5 million users with no growth (most likely they hit the plateau even before they decide to kill the Arc in favor of Dia).

This is the first I’m hearing of either of these products, or this company. If you’d asked me what a program named Dia was ten minutes ago, I’d have confidently replied that it’s an open source gui diagramming tool.