**Atlassian Acquires Arc Browser Maker The Browser Company for $610M**
Sydney-based software giant Atlassian has announced its intent to acquire The Browser Company, the developer behind the innovative Arc browser, for approximately $610 million. The surprising move sees Atlassian, known for its enterprise tools like Jira and Confluence, expanding its portfolio into the consumer-facing browser space.
The acquisition is expected to bolster Atlassian’s focus on productivity and collaboration, potentially integrating Arc’s unique features, such as its vertical tabs and customizable spaces, into its existing suite of products. While the future of the Arc browser as a standalone product remains to be fully clarified, the deal signals a significant investment in user experience and modern web interaction from the enterprise software leader. The acquisition is subject to customary closing conditions.