Trello sold to Atlassian for $425 million

10 January 2017
The Australian company Atlassian, known to many as the owner of Jira, Confluence and Bitbucket, recently added to its list of products through the acquisition of Trello. It is reported that the amount of the deal was $425 million, $360 million of which was paid in cash and the rest in shares.The acquisition of one of the most popular project management services will be a great addition to the existing portfolio of Atlassian, which is engaged in creating services for business and software development. According to TechCrunch, the purchase of Trello was the 18th, but the largest acquisition for the Australian company. Of course, there were reasonable concerns among the Trello users that the service may soon cease to exist or become less functional or convenient. Trello representatives dispelled such fears by stating that the service will not only continue to operate under its own brand, but also will not undergo any major changes.