Browser Company (makers of Arc browser) Acquired By Atlassian for $610M
6 days ago
- #acquisition
- #AI
- #browser-technology
- The Browser Company is being acquired by Atlassian in an all-cash transaction, with Dia remaining the focus.
- The acquisition aims to accelerate Dia's development and bring it to more platforms faster.
- Arc and Arc Search will continue to exist, with a long-term plan to be shared soon.
- The vision is to create a cross-platform browser that functions as an operating system.
- Atlassian's distribution and resources complement The Browser Company's gaps, enhancing Dia's potential.
- The deal is strategic, focusing on winning in the AI browser space with Atlassian's support.
- Continuity is promised, with the same leadership and team, but with accelerated progress.
- Three immediate focuses: making AI accessible in daily work, deepening app integrations, and ensuring user privacy.
- Non-negotiables include team independence, the vision for Dia, and shared values with Atlassian.
- The acquisition is seen as a way to scale the vision without compromising on values or mission.
- Aggressive hiring is planned in ML, AI engineering, and other areas to support growth.