Atlassian Acquires The Browser Company for $610M to Boost AI Browser Innovation
Atlassian Acquires The Browser Company for $610M to Boost AI Browser Innovation
Atlassian, the productivity software giant known for products like Jira and Confluence, has announced its agreement to acquire The Browser Company for $610 million in cash. The deal marks a significant move to reimagine the web browser as an AI-powered productivity tool, tailored for today’s knowledge work and the proliferation of SaaS applications.
What Does The Browser Company Do?
The Browser Company is the developer behind Arc and Dia, two browsers designed to improve the user experience for professionals. After shifting focus from Arc, the company launched Dia, an "AI-first" browser intended to integrate intelligence and efficiency into everyday work tasks.
Why This Acquisition?
Traditional browsers have long been built for general browsing, not specifically for workplace productivity. Atlassian’s CEO and co-founder, Mike Cannon-Brookes, emphasized the company's vision:
- Building an AI-powered browser optimized for SaaS-heavy workflows
- Helping knowledge workers manage multiple tabs and apps seamlessly
- Accelerating browser innovation in the age of artificial intelligence
"Today's browsers weren’t built for work; they were built for browsing. This deal is a bold step forward in reimagining the browser for knowledge work in the AI era," Cannon-Brookes stated.
What Happens to The Browser Company?
The Browser Company will continue to operate independently under Atlassian. CEO Josh Miller shared that the acquisition will allow the team to expand, develop new features more rapidly, and support multiple platforms. Crucially, development of the Dia browser will continue, with an aim to enhance its AI capabilities and productivity features for business users.
Background and Deal Details
- The acquisition is expected to close in the second quarter of Atlassian’s fiscal year 2026.
- The Browser Company most recently raised $50 million at a $550 million valuation and has raised a total of $128 million from investors like Pace Capital, Jeff Weiner (LinkedIn), Ev Williams (Medium), Dylan Field (Figma), Akshay Kothari (Notion), and Jason Warner (GitHub).
What Does This Mean for Businesses?
The deal could signal a new era of browser-based productivity tools, especially for businesses that depend on cloud software and AI-powered automation. As SaaS adoption grows, a browser built for work rather than just surfing may become a key differentiator in how teams collaborate and execute tasks online.
