MSFT - Atlassian To Acquire AgileCraft For Agile Planning Tech
Quick Take
Atlassian (TEAM) announced it has agreed to acquire AgileCraft for $166 million.
AgileCraft operates as an enterprise agile planning software company.
TEAM is acquiring AgileCraft to bolster its cross-silo planning capabilities within the enterprise.
Target Company
Georgetown, Texas-based AgileCraft was founded in 2013 to help enterprises better plan strategic software development projects by providing better visibility into risks, dependencies, and bottlenecks as well as more accurate capacity planning and return on investment evaluation.
Management is headed by Founder and CEO Steve Elliott, who was previously Chief Technology Officer / VP