Altassian Acquired Trello for $425 Million

Altassian has acquired project management software competitor Trello for $425 million. Altassian produces JIRA, another project management software and Confluence, a business analysis software. This acquisition will strengthen Altassian’s market position. It will be even more dominant of a player in the project management space. Altassian’s having JIRA and now, Trello, will have considerable leverage against Asana and Slack.

Source: https://techcrunch.com/2017/01/09/atlassian-acquires-trello/

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Originally published at www.pm.expert on January 11, 2017.