Atlassian, provider of collaboration and productivity tools, announced it will acquire AgileCraft, a provider of enterprise agile planning software. AgileCraft helps enterprise organizations build and manage a ‘master plan’ of their most strategic projects and workstreams. The acquisition of AgileCraft will allow Atlassian to connect the work of its productivity tools, such as Jira to customers’ outcomes of the entire enterprise and is expected to add approximately $1-2 million to Atlassian’s revenue.
From the release: “We know loads of time is wasted collecting status updates across hundreds of agile teams, getting unstructured snapshots of capacity, and trying to measure value generation. These challenges require a different set of tools – ones that give leaders critical visibility and allow them to adapt in a timely way,” wrote Scott Farquhar, co-founder and co-CEO of Atlassian. “We’ve heard from our enterprise customers that these problems are really hard to tackle – and they need our help along the way. That’s why we’re excited to share we’ve entered into an agreement to acquire AgileCraft, a leader in enabling scaled agile transformations. Many Atlassian customers, including AT&T, Anthem, NCR, TIAA, and Duke Energy trust AgileCraft to scale their teams’ agile practices.”
Link: Atlassian Blog
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