Quick Take
Atlassian (TEAM) announced it has аgreed to acquire OpsGenie for $295 million.
OpsGenie operates a modern incident management platform to assist DevOps teams in more efficiently managing and responding to planned and unplanned service disruptions.
TEAM is making a strategic acquisition to broaden its offerings to IT departments overwhelmed by system outages and downtime.
I’m very positive on the acquisition which should have little integration risk and will provide another significant touch point for Atlassian’s selling efforts.
Target Company
Boston, Massachusetts,-based OpsGenie was founded in 2012 to develop and operate a