Atlassian Corporation Announces Acquisition of DX

Atlassian Corporation has entered into a definitive agreement to acquire DX, a leader in engineering intelligence, for approximately $1 billion in cash and restricted stock. The acquisition aims to enhance engineering intelligence for enterprises by closing the visibility gap on AI investments. DX's platform helps measure, benchmark, and improve developer productivity through data-informed decisions. By integrating DX into Atlassian’s System of Work, customers will gain insights and tools to make teams more effective and connected. The transaction is expected to close in the second quarter of fiscal year 2026, subject to customary closing conditions and regulatory approvals. This acquisition aligns with Atlassian’s strategy to extend its leadership in team collaboration and productivity software.