Feed: Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics
Feed Link: https://www.engadget.com/
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Title: Atlassian is buying Arc maker The Browser Company for $610 million

Date: Thu, 04 Sep 2025 14:52:37 +0000
Link: https://www.engadget.com/big-tech/atlassian-i...

The Browser Company ΓÇö the maker of the Arc and AI-centric Dia browsers ΓÇö
is set to have a new owner. Atlassian is buying it for around $610 million in
an all-cash deal, which it expects to close in the second quarter of its
fiscal year 2026 (i.e. by the end of the 2025 calendar year).

According to The Browser Company, it will continue to operate independently
as it builds Dia. A private beta for the browser started in June. Arc (a well-
regarded browser on which the company has ended active development) and Arc
Search will stick around, and a long-term plan for those will be revealed in
the near future.

Co-founders Josh Miller and Hursh Agrawal are staying on as CEO and CTO,
respectively. Miller wrote in a blog post that they are looking to accelerate
their ambitions by teaming up with Atlassian. "We chose Atlassian because
their strengths complement our gaps," Miller wrote. "And most importantly,
like us, they believe the browser is becoming the new operating system." The
Browser Company plans to bring Dia to "to every platform faster than we could
have previously imagined" in the coming months.

Miller said the company had three conditions for any acquisition: to ensure
it remained independent, that all of its team members still had a job and
that its "vision for Dia remains at the center." He added that "a large part
of why we chose Atlassian is values. Now more than ever. Not the kind you
hang on a wall, but the ones you see in the work itself."

Atlassian is the owner of productivity and enterprise services such as
project management apps Jira and Trello (which has been buggy for me for over
a year, for what it's worth). Last month, it reportedly laid off around 150
workers, many of whom were said to be in the customer service department, and
was said to be planning to use AI to take over some of those former
employees' tasks.

"Our vision is to make Dia the AI browser for work," Atlassian CEO Mike
Cannon-Brookes said in a video announcing the acquisition. The team is
designing Dia so it's "optimized for the SaaS [software as a service] apps
where you spend your day; packed with AI skills and your personal work memory
to unleash your potential; and built with trust and security in mind, so you
can bring it to the office. An AI browser for your system of work."

This article originally appeared on Engadget at https://www.engadget.com/big-
tech/atlassian-is-buying-arc-maker-the-browser-company-for-610-million-
145236236.html?src=rss

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