Trello is worth millions of dollars
Atlassian and Trello may not be the names that come out every day on the technological agenda, but both have important products and high numbers of users in the business world. Trello offers a project management system, Atlassian has software development services and software.
Atlassian’s products include brands such as BitBucket and support program Jira. However, in Atlassian’s portfolio, there was a significant lack of project management. The company now pays $ 425 million to buy the popular project management service Trello and add it to its products.
In fact, Jira, one of Atlassian’s products, can be used in a similar way, but this product is mostly focused on software development projects. It is well suited to project development and management in all business areas. As a result, Atlassian will now have a significant advantage in the business world thanks to Trello. The $ 360 million of the purchase will be in cash. The remainder will be paid in stock.