Atlassian agrees to purchase Browser Co. for 610 million dollars

Mike Kenon-Brooks, co-founder and CEO Atlassian, performs at the National Electric Vehicle summit in Canberra, Australia, August 19, 2022. Cannon-Brooks calls on Australia to show more ambitions on climatic actions, even if the new government legislation on the reduction of carbon emissions in the country.

Hillary Wardho | Bloomberg | Gets the image

Atlasia said he agreed to buy a CO browser, a startup that offers web browser with Artificial intelligence Features for $ 610 million.

Companies seek to close the transaction in the second quarter of Atlasian, which ends in December.

Created in 2019, Browser Co. opposed some largest companies in the world, including Googlewith chrome, and Applewhich includes Safari on their computers working with MacOS.

In 2022 in 2022 in 2022 in 2022 in 2022 in 2022 in 2022 in 2022 in 2022. The DIA browser, which allows people to communicate with the AI ​​assistant about several browser tabs, became available in the beta in June.

Co-founder Atlassian and CEO Mike Kenon-Brooks said he sees shortcomings in the most popular browsers for those who do most of his work on computers.

“Whatever it is, whatever you really do in your browser, it is not particularly well presented with a browser that was built in the name for viewing,” he said in an interview. “It is not built for work, it is not built to act, it is not built.”

Cannon-Brooks said Arc helped him feel that he would be able to manage his work, with his ability to organize tabs and automatically archive the old ones.

But only a small percentage of people who used the Browser Co. arc have accepted special features of the program.

“Our indicators were more like a highly specialized professional tool (such as video editor) than the consumer product market, which we sought to be closer,” said Josh Miller, co-founder and CEO of Co. Update the newsletter. The startup stopped the construction of new functions for ARC, which led to the questions whether it would release the browser under open source.

AI Search for the Launch of the Surprise that Proposed by Google 34.5 billion dollars for Chrome, talked to Browser Co. about the possible acquisition in December, Information reported. Openai also negotiated with Browser Co., the report said.

Cannon-Brooks will not clarify whether Atlassian believes to buy a Google browser. Last year’s US Department of Justice proposed According to a federal judge, the company has ruled that the company used a monopoly on the Internet.

“I am not even sure if there is a competition for participation in Chrome,” said Cannon-Brux. “I have not yet seen Google put up auction.

The surprise provides early access to your own AI browser called Comet.

Last year Browser Co. was estimated at $ 550 million. Investors include Atlassian Ventures, Seller The enterprises, Fig Co -founder Dylan Field and co -founder LinkedIn Ray Hoffman.

The browser takes the main thing for those who use Atlassian Products, such as Jira Project software that shows existing online support requests. But the plan isn’t easy to make it more pleasant to work with Atlassian Products online.

“It is about taking the experience of ARC Saas apps and the Power user features, as well as AI and Elegance Dia, speed and peculiar nature, as well as Atlassian’s Enterprise Kneew-How, as well as develop how to collect in Dia or in the browser.

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