Atlassian Acquires The Browser Company for $610M
▼ Summary
– Atlassian is acquiring The Browser Company for $610 million in cash to reimagine browsers for knowledge work in the AI era.
– The acquisition aims to create an AI-powered browser optimized for SaaS applications used daily by knowledge workers.
– The Browser Company will operate independently under Atlassian and continue developing its Dia browser.
– The deal is expected to close in Q2 of Atlassian’s fiscal year 2026 and will help The Browser Company hire and ship features faster.
– The Browser Company previously raised $128 million, with investors including Jeff Weiner, Ev Williams, and Dylan Field.
Atlassian has announced a major acquisition, securing The Browser Company for $610 million in an all-cash transaction. This strategic move aims to reshape how professionals interact with web browsers in their daily workflows, positioning the combined expertise to develop specialized tools for the modern knowledge economy.
According to Mike Cannon-Brookes, Atlassian’s CEO and co-founder, existing browsers fall short when it comes to supporting serious work. “Browsers today were designed for casual use, not productivity,” he emphasized. “We’re taking a significant leap to re-envision what a browser can do in the age of artificial intelligence.” He envisions a smarter, AI-enhanced browsing experience tailored for the multitude of SaaS applications professionals rely on, a tool built to be indispensable.
Josh Miller, CEO of The Browser Company, confirmed the news on social media, noting that his team will retain operational independence while benefiting from Atlassian’s resources. Development will focus on Dia, their newer browser project, which replaced the earlier Arc browser. Miller highlighted that the acquisition will accelerate hiring, feature development, and expansion across platforms.
The transaction is slated to finalize in the second quarter of Atlassian’s 2026 fiscal year. The Browser Company was last valued at $550 million following a $50 million funding round last year. In total, the startup has raised $128 million from investors including Pace Capital and executives from LinkedIn, Medium, Figma, Notion, and GitHub.
This announcement follows closely on the heels of a U.S. District Court decision that allowed Google to retain ownership of its Chrome browser, avoiding a forced divestiture.
(Source: TechCrunch)
