Atlassian is buying Arc maker The Browser Company for $610 million

The Browser Firm — the maker of the Arc and AI-centric Dia browsers — is ready to have a brand new proprietor. Atlassian is shopping for it for round $610 million in , which it expects to shut within the second quarter of its fiscal 12 months 2026 (i.e. by the tip of the 2025 calendar 12 months).

In response to The Browser Firm, it’s going to proceed to function independently because it builds Dia. A personal beta for the browser . Arc (a on which the corporate has ) and Arc Search will stick round, and a long-term plan for these shall be revealed within the close to future.

Co-founders Josh Miller and Hursh Agrawal are staying on as CEO and CTO, respectively. Miller that they want to speed up their ambitions by teaming up with Atlassian. “We selected Atlassian as a result of their strengths complement our gaps,” Miller wrote. “And most significantly, like us, they imagine the browser is turning into the brand new working system.” The Browser Firm plans to carry Dia to “to each platform quicker than we may have beforehand imagined” within the coming months.

Miller stated the corporate had three situations for any acquisition: to make sure it remained impartial, that every one of its crew members nonetheless had a job and that its “imaginative and prescient for Dia stays on the middle.” He added that “a big a part of why we selected Atlassian is values. Now greater than ever. Not the type you cling on a wall, however the ones you see within the work itself.”

Atlassian is the proprietor of productiveness and enterprise companies similar to venture administration apps Jira and (which has been buggy for me for over a 12 months, for what it is value). Final month, it laid off round 150 employees, lots of whom have been stated to be within the customer support division, and was stated to be planning to make use of AI to take over a few of these former staff’ duties.

“Our imaginative and prescient is to make Dia the AI browser for work,” Atlassian CEO Mike Cannon-Brookes stated in a video asserting the acquisition. The crew is designing Dia so it is “optimized for the SaaS [software as a service] apps the place you spend your day; filled with AI abilities and your private work reminiscence to unleash your potential; and constructed with belief and safety in thoughts, so you may carry it to the workplace. An AI browser in your system of labor.”