Atlassian moves into AI browsers with $610 million purchase of The Browser Company
Workplace collaboration and productivity tool maker Atlassian has agreed to acquire The Browser Company, the developer of Arc and Dia, in a deal valued at around $610 million in cash. The transaction is expected to close in the second quarter of Atlassian’s 2026 fiscal year, subject to the usual regulatory approval and closing conditions. The acquisition will reportedly be funded in cash from Atlassian’s balance sheet.
The deal will bring The Browser Company’s two products under Atlassian’s umbrella. Arc has drawn interest as an alternative to Chrome, while Dia is described as an AI-powered browser designed for work. Neither product is particularly well known, but Atlassian wants to transform Dia into a tool that changes how knowledge workers interact with SaaS applications.