Atlassian acquires DX, a developer productivity platform for $1B
9 hours ago
- #Developer Productivity
- #Acquisition
- #Atlassian
- Atlassian acquires developer productivity insight platform DX for $1 billion.
- DX helps enterprises analyze engineering team productivity and identify bottlenecks.
- Founded by Abi Noda and Greyson Junggren, DX emerged from stealth in 2022 and has tripled its customer base annually.
- DX serves over 350 enterprise customers, including ADP, Adyen, and GitHub, with minimal venture funding.
- Atlassian CEO Mike Cannon-Brookes cited DX's qualitative and quantitative insights into developer productivity as key reasons for the acquisition.
- The acquisition aligns with the rise of AI tools and the need for companies to measure their effectiveness.
- DX's platform will be integrated into Atlassian's product suite, complementing existing tools.
- This marks Atlassian's second acquisition in September, following the purchase of AI-browser developer The Browser Company.