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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