Atlassian to acquire The Browser Company for $610M in cash; close expected Q2 FY2026

Atlassian Corp

Acquisition price $610M cash, inclusive of BCNY's cash balance, subject to adjustments.
Transaction funded from Atlassian's balance sheet; expected close in Q2 fiscal 2026.
Acquisition not expected to materially impact Atlassian's financials in FY2026 or FY2027.
Deal combines Atlassian's 300K+ customers with The Browser Company's Arc/Dia browser technology.
Goal: build an AI-powered browser optimized for knowledge workers and SaaS apps.

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