Atlassian Completes Acquisition of Trello
February 03 2017 - 9:13AM
Atlassian Corporation Plc (NASDAQ:TEAM), a leading provider of team
collaboration and productivity software, today announced it has
completed the acquisition of Trello, Inc., a breakout
collaboration service that has amassed more than 19 million
registered users in just five years. Trello has pioneered an
intuitive, visual system that solves the challenge
of capturing and adding structure to fluid,
fast-forming work for teams. The addition of Trello will
expand Atlassian’s leadership in powering all types of teamwork,
and adds a new collaboration service – popular with business teams
– to Atlassian's enterprise-grade project tracking (JIRA), content
(Confluence) and communication (HipChat) products used by more than
68,000 customers in more than 170 countries.
Forward-Looking Statements Disclosure
This press release includes forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of
1995, which are subject to risks, uncertainties and other factors,
including risks and uncertainties related to Atlassian’s ability to
integrate the business, technology, products, personnel and
operations of Trello, and the financial statement impact of the
transaction on Atlassian. All statements other than statements of
historical fact are statements that could be deemed forward-looking
statements, including statements regarding: the ability of
Atlassian to extend its leadership in powering all types of
teamwork and other anticipated benefits of the transaction to
Atlassian and to the combined companies; potential benefits of the
transaction to Atlassian and Trello customers, any statements of
expectation or belief; and any statements of assumptions underlying
any of the foregoing. These risks, uncertainties and other factors,
and the general risks associated with Atlassian’s and Trello’s
business, could cause actual results to differ materially from
those stated or implied in these forward-looking statements. For a
discussion of these and other risks and uncertainties, you should
refer to Atlassian’s most recent Forms 20-F and 6‑K filed with the
Securities and Exchange Commission as well as other documents that
may be filed by Atlassian from time to time with the Securities and
Exchange Commission. Atlassian undertakes no obligation to update
any forward-looking statements made in this press release to
reflect events or circumstances after the date of this press
release or to reflect new information or the occurrence of
unanticipated events, except as required by law. The achievement or
success of the matters covered by such forward-looking statements
involves known and unknown risks, uncertainties and assumptions. If
any such risks or uncertainties materialize or if any of the
assumptions prove incorrect, Atlassian’s results could differ
materially from the results expressed or implied by the
forward-looking statements we make. You should not rely upon
forward-looking statements as predictions of future events.
Forward-looking statements represent our management’s beliefs and
assumptions only as of the date such statements are made.
About Atlassian
Atlassian unleashes the potential in every team.
Our collaboration software helps teams organize, discuss
and complete shared work. More than 68,000 customers –
including Citigroup, eBay, Coca-Cola,
VISA, BMW and NASA – use Atlassian’s project
tracking, content creation and sharing, real-time communication and
service management products to work better together
and deliver quality results on time. Learn about products
including JIRA Software, Confluence, HipChat, Bitbucket and JIRA
Service Desk at https://atlassian.com.
About Trello
Trusted by millions, Trello is an online tool that offers a
visual, flexible, and collaborative way to manage projects and get
organized. Trello provides perspective and structure to users’
lives by giving them a broad overview and understanding of how and
what needs to be done. Launched in 2011, Trello has over 19 million
users and raised $10.3 million in 2014, led by Index Ventures and
Spark Capital. To learn more about Trello,
visit www.trello.com and @trello.
Investor Relations Contact
Ian Lee
IR@atlassian.com
Media Contact
Paul Loeffler
press@atlassian.com
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