Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced it has entered into a definitive agreement to acquire The Browser Company, the company behind the Dia and Arc browsers. Together, the companies intend to deliver the browser for knowledge work in the AI era.
Today’s browsers were built before the explosion of SaaS apps, and well before the current AI revolution. Optimized to appeal to the consumer masses, browsers were not designed for the knowledge workers who rely on them to get things done. For these workers, each tab contains a different workflow to move forward – a meeting to schedule, a design to review, a memo to write. Current browsers are passive bystanders, unaware of that context and unable to connect business processes, holding up work.
Atlassian and The Browser Company intend to change this by making Dia the AI browser for work, that is:
- Optimized for the SaaS apps where knowledge workers spend their day. Whether work is happening in email, a project management tool, or a design app, tabs will be enriched with context that helps move work forward.
- Packed with AI skills and personal work memory to connect the dots between apps, tabs, and tasks.
- Built with trust and security in mind, so company data is protected.
“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,” said Mike Cannon-Brookes, Atlassian’s CEO and co-Founder. “By combining The Browser Company’s passion for building beloved browsers with our two decades of understanding how knowledge workers operate, we see a huge opportunity to transform the way work gets done. Together, we’ll create an AI-powered browser optimized for the many SaaS applications living in tabs – one that knowledge workers will love to use every day.”
With more than 300,000 customers – including over 80% of the Fortune 500 – relying on Atlassian apps to drive work forward, Atlassian has the opportunity to bring Dia to millions of new users. Complementing this reach is Atlassian’s expertise in operationalizing AI at scale, with over 2.3 million monthly active users of AI capabilities across its platform – growing more than 50 percent quarter-over-quarter. Together, these strengths will accelerate the companies’ shared vision for the future of work.
“For laptop workers, your browser is where your job actually happens – where you spend hours working within tabs every day,” said Josh Miller, The Browser Company’s CEO and co-founder. “That context, plus access to your tools, is incredibly valuable for AI. Atlassian gets that. Teaming up means we can move faster, dream bigger, and focus on building an AI browser for work that people genuinely love to use – one that is trusted by companies but feels personal to every individual.”
Details of the Transaction
Under the terms of the definitive agreement, Atlassian will acquire The Browser Company for approximately $610 million in cash, inclusive of The Browser Company’s cash balance, subject to customary adjustments.
The transaction will be funded through cash from Atlassian’s balance sheet and is expected to close in the second quarter of its fiscal year 2026, subject to customary closing conditions and required regulatory approvals.
The acquisition is not expected to have a material impact on the company’s financials in fiscal years 2026 and 2027.
For additional details on the announcement from Mike Cannon-Brookes, Atlassian’s CEO and co-Founder, head to Atlassian’s Work Life blog.
About Atlassian
Atlassian unleashes the potential of every team. A recognized leader in software development, work management, and enterprise service management software, Atlassian enables enterprises to connect their business and technology teams with an AI-powered system of work that unlocks productivity at scale. Atlassian’s collaboration software powers over 80% of the Fortune 500 and 300,000+ customers worldwide – including NASA, Rivian, Deutsche Bank, United Airlines, and Bosch – who rely on our solutions to drive work forward.
About The Browser Company of New York
The Browser Company of New York (BCNY) is the team behind Dia and Arc — both bold new takes on the web browser – that have amassed millions of users. The Verge called Arc “a new way of using the internet” and the Chrome replacement they had been waiting for, while The New York Times described Dia as a new type of AI browser that “makes generative A.I. more accessible to the mainstream.” Since 2020, BCNY has been striving to make our days online more human, more powerful, and more futuristic.
