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Announced

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Atlassian completed the acquisition of Loom for $975m.

Synopsis

Atlassian, a provider of team collaboration and productivity software, completed the acquisition of Loom, a video messaging platform, for $975m. “Async video is the next evolution of team collaboration, and teaming up with Loom helps distributed teams communicate in deeply human ways,” Mike Cannon-Brookes, Atlassian Co-Founder and Co-CEO.

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