Atlassian, the supplier of group 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, reworking how professionals work together with net functions and full duties on-line.
“As we speak’s browsers weren’t constructed for work; they had 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 numerous SaaS functions dwelling in tabs – one which data staff will love to make use of day by day.”
As we speak’s browsers weren’t constructed for work; they had 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 numerous SaaS functions dwelling in tabs – one which data staff will love to make use of day by day. – 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 Subject, Notion’s Akshay Kothari, and GitHub’s Jason Warner.
The Browser Firm developed Arc, a browser that reimagined net looking with progressive options like Areas and command bar navigation, and extra lately 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 below Atlassian and proceed growing Dia as its main focus.
“We are going to function independently, with Dia as our focus. Our goal is to carry Dia to the plenty,” mentioned Miller, CEO of The Browser Firm. “As we speak, 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 carry Dia to the plenty. – Josh Miller
The acquisition addresses a basic downside in in the present day’s work atmosphere: present browsers had been constructed earlier than the explosion of SaaS functions and the AI revolution. For data staff, every browser tab represents a unique workflow – a gathering to schedule, a design to evaluation, or a memo to put in writing – however current browsers stay passive bystanders, unable to attach enterprise processes or present contextual help.
Underneath the phrases of the definitive settlement, the transaction might be funded by way of money from Atlassian’s stability sheet and is predicted to shut within the second quarter of Atlassian’s fiscal 12 months 2026, topic to customary closing situations 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 stories indicating that AI search startup Perplexity and OpenAI had additionally explored buying the corporate.
