Atlassian Acquires Loom

October 12, 2023

Atlassian entered into a definitive agreement to acquire Loom, an asynchronous video messaging platform, for approximately $975 million (inclusive of Loom’s cash balance). The acquisition was completed on November 30, 2023, with Loom integrated across Atlassian’s collaboration suite while remaining available as a standalone product.

Buyers
Atlassian Corporation
Targets
Loom
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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