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Atlassian acquires video messaging platform Loom for nearly $1 billion

Team collaboration software company Atlassian announced today it has agreed to acquire the communications and video platform platform Loom, in a deal valued at approximately $975 million. The acquisition involves around $880 million in cash and the remainder in shares.
The post Atlassian acquires video messaging platform Loom for nearly $1 billion first appeared on TechStartups.

Team collaboration software company Atlassian announced today it has agreed to acquire the communications and video platform platform Loom, in a deal valued at approximately $975 million. The acquisition involves around $880 million in cash and the remainder in shares. […]

The post Atlassian acquires video messaging platform Loom for nearly $1 billion first appeared on TechStartups.

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