{"id":14472,"date":"2019-03-18T22:38:10","date_gmt":"2019-03-18T22:38:10","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/atlassian-acquires-agilecraft-for-166m.html"},"modified":"2019-03-18T22:38:10","modified_gmt":"2019-03-18T22:38:10","slug":"atlassian-acquires-agilecraft-for-166m","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/atlassian-acquires-agilecraft-for-166m.html","title":{"rendered":"Atlassian acquires AgileCraft for $166M"},"content":{"rendered":"

Atlassian <\/a> today announced<\/a> that it has acquired AgileCraft<\/a>, a service that aims to give enterprises plan their strategic projects and workstreams. The service provides business leaders<\/a> with additional insights into the current status of technical projects and gives them insights into the bottlenecks, risks and dependencies of these projects. Indeed, the focus of AgileCraft is less on technical teams than on the business teams that support them and help them manage the digital transformation of their businesses.<\/p>\n

The price total of the acquisition is about $166 million, with $154 million in cash and the remainder in restricted shares.<\/p>\n

\u201cMany leaders are still making mission-critical decisions using their instincts and best guesses instead of data,\u201d said Scott Farquhar, Atlassian\u2019s co-founder and co-CEO, in today\u2019s announcement. \u201cAs Atlassian tools spread through organizations, technology leaders need better visibility into work performed by their teams. With AgileCraft joining Atlassian, we believe we\u2019re the best company to help executives align the work across their organization \u2013 providing an all-encompassing view that connects strategy, work, and outcomes.\u201d<\/p>\n

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As the name implies, AgileCraft focuses on the Agile methodology<\/a>, though it also offers a bit of flexibility there with support for frameworks like SAFe, LeSS, Spotify. It supports pulling in data from tools like Atlassian\u2019s Jira, but also Microsoft\u2019s Team Foundation Server, IBM\u2019s RTC<\/a> and other services.<\/p>\n

Atlassian will continue to operate AgileCraft, which had raised about $10.1 million before the acquisition. as a standalone service. \u201cWe will continue to focus relentlessly on our customers\u2019 success,\u201d writes AgileCraft\u2019s founder and CEO Steve Elliott. \u201cWe remain dedicated to pioneering enterprise agility and are thrilled to team up with the outstanding people at Atlassian to help our customers thrive.\u201d<\/p>\n

Over the years, Atlassian started embracing users and use cases for its tools that go beyond its core tools for development tools. Jira and Confluence are the prime examples for this. Today\u2019s acquisition continues this trend in that AgileCraft aims to bring many of the methodologies that tech teams use to the rest of the company.<\/p>\n

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\u201cOne of the critical roles we play for lots of organizations is in helping drive this kind of digital transformation where we\u2019re really empowering the teams that are building and developing the kind of technology that moves our customers forward,\u201d Atlassian president Jay Simons told me. \u201cAgileCraft basically complements all of that by extending visibility into what teams are using Atlassian products to do up into key stakeholders and leaders in the business that are trying to manage better visibility at a portfolio or program level.\u201d<\/p>\n

Simons also stressed that AgileCraft already has very strong integrations into the existing Atlassian tools \u2014 and indeed, that was one of the main drivers of the acquisition. He noted that the company plans to improve those and think about additional patterns. \u201cWe\u2019ll continue doing what we\u2019re doing,\u201d he said.<\/p>\n

Simons also noted that he expects that a lot of Jira customers will now look at AgileCraft as an additional tool in helping the businesses manage their business\u2019s digital transformation.<\/p>\n

Atlassian doesn\u2019t typically make a lot of acquisitions. Its pace is close to about one major buy per year. Last year, the company picked up OpsGenie<\/a> for $295 million. In 2017, it acquired Trello<\/a> for $425 million, the company\u2019s biggest acquisition to date. Other major products the company acquired include StatusPage, BlueJimp, HipChat and Bitbucket (all the way back in 2010).<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/EmrwJBR6Inc\/<\/p>","protected":false},"excerpt":{"rendered":"

Atlassian today announced that it has acquired AgileCraft, a service that aims to give enterprises plan their strategic projects and workstreams. The service provides business leaders with additional insights into <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-14472","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t