Atlassian buys US software firm DX in $1.5b deal
Make us a preferred source
Make us a preferred source on Google
The news: Atlassian is acquiring US software provider DX, in a USD1 billion ($1.5 billion) deal to incorporate its developer productivity tool to its product suite and solidify Atlassian’s AI offering.
The numbers: The USD1 billion cash and restricted stock deal is the largest made by Atlassian to date, and follows the company’s purchase of The Browser Company for approximately USD610 million earlier this month.
The context: A press release shared by Atlassian on Thursday explains that DX is a developer intelligence platform to help companies understand what is happening in their software development lifecycle. DX’s offerings would naturally fit alongside Atlassian’s suite of products including Jira and Confluence, which are also designed to assist software developers.
The deal is expected to close in the second quarter of Atlassian’s fiscal year 2026, and does not change Atlassian’s previously issued fiscal year 2027 non-GAAP operating margin target.
What they said: “Using AI is easy, creating value is harder. Today’s announcement is about helping our 300,000+ customers understand if they’re making the right investments to win in the AI era,” said Mike Cannon-Brookes, Atlassian’s CEO and co-founder. “By bringing DX into Atlassian’s System of Work, we’re helping engineering teams from some of the biggest enterprise companies move faster, more intentionally, and with incredible impact.”
The sources: Atlassian DX press release, Atlassian blog, Mike Cannon-Brookes Linkedin
