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Atlassian’s $1B DX Deal Targets AI Development Investment
DX has grown rapidly, tripling its customer base annually to over 350 enterprises, offering tools that analyze engineering productivity and identify workflow bottlenecks.
- On Thursday, Atlassian Corporation , productivity software giant, announced it has agreed to acquire DX, a developer productivity insight platform, for $1 billion in cash and restricted stock, marking its second acquisition this month.
- Enterprises' difficulty quantifying AI returns prompted the move, as 90% of DX's customers already use Atlassian tools, making DX a strategic fit, Mike Cannon-Brookes said.
- Atlassian said the integration will bring 360-degree visibility and real-time insights by combining qualitative feedback with quantitative signals through DX's analytics platform within its System of Work, including Rovo Dev, Jira, and Bitbucket.
- The acquisition positions Atlassian ahead of rivals like Asana and Monday.com, benefiting more than 350 enterprise customers and expanding reach to Atlassian's 300,000 customers.
- The deal validates the developer productivity insights market and signals these tools' maturation into enterprise infrastructure, pressuring Microsoft and GitLab to build or buy similar capabilities.
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14 Articles
14 Articles
The experimental phase is over: Atlassian bets on DX to deliver AI ROI
All too often when it comes to AI, enterprises get stuck in a sort of experimentation limbo as deploying AI tools that deliver tangible ROI continues to be a struggle. Atlassian aims to get them over that hurdle with its definitive agreement to acquire DX, an analytics platform that helps enterprises track their engineering teams’ performance and identify bottlenecks in development and deployment. The acquisition will allow Atlassian to offer an…
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Total News Sources14
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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