Atlassian Acquires Management Suite Provider AgileCraft for $166M
Atlassian has acquired AgileCraft, a service which helps enterprises plan their technology projects and workstreams. The service provides business leaders with in-depth insights about the status of technical projects, including bottlenecks, risks and dependencies. The focus of AgileCraft is on business teams, helping them better support their technical peers and manage the digital transformation of their businesses.
The business largely focuses on the agile methodology, although it offers some flexibility, supporting project frameworks like SAFe, LeSS and Spotify. It supports pulling in data from tools like Atlassian’s Jira, but also Microsoft’s Team Foundation Server, IBM’s RTC and other services.
Atlassian will continue to operate AgileCraft as a standalone business, instead of merging it with its own toolset. The total price of the acquisition was around $166 million.
“We will continue to focus relentlessly on our customers’ success,” writes AgileCraft’s founder and CEO Steve Elliott. “We remain dedicated to pioneering enterprise agility and are thrilled to team up with the outstanding people at Atlassian to help our customers thrive.”