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New Deal


Announced

Completed

Atlassian Corp acquired OpsGenie for $295m

Financials

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Transaction Value£228m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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technology

software

Software

Private

Acquisition

Single Bidder

United States

Friendly

Completed

Synopsis

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Atlassian Corporation Plc, a leading provider of team collaboration and productivity software, completed the $295m acquisition of OpsGenie, Inc., whose technology enables companies to better plan for and respond to IT service disruptions. When outages occur, OpsGenie’s technology quickly routes alerts to the appropriate IT teams, speeding diagnosis and resolution, and reducing downtime. "We view the IT market as a major opportunity for Atlassian. We're committed to supporting the needs of IT teams across companies of all sizes, and helping them quickly address service issues is critical. OpsGenie helps companies react to the flood of alerts they’re receiving in a much smarter way." said Scott Farquhar, Atlassian’s co-founder and co-CEO.

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