Atlassian Agrees To Acquire The Browser Co. For $610 Million

Atlassian said it has agreed to acquire The Browser Co., a startup that offers a web browser with AI features, for $610 million in cash. CNBC: The companies aim to close the deal in Atlassian's fiscal second quarter, which ends in December. Established in 2019, The Browser Co. has gone up against some of the world's largest companies, including Google, with Chrome, and Apple, which includes Safari on its computers running MacOS. The startup debuted Arc, a customizable browser with a built-in whiteboard and the ability to share groups of tabs, in 2022.

The Dia browser, a simpler option that allows people to chat with an AI assistant about multiple browser tabs at once, became available in beta in June. Atlassian co-founder and CEO Mike Cannon-Brookes said he sees shortcomings in the most popular browsers for those who do much of their work on computers. Further reading: Atlassian Buying The Browser Company Feels Like a Waste of Money.

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