Atlassian has agreed Acquire The Browser Companythe New York startup creator of the browsers ARC and Dayfor 610 million dollars in cash. The agreement becomes the business software company owner of one of the most promising startups in the browse sector with artificial intelligence.
The reception was less than they expected. The Browser Company was founded in 2019 with the ambition to reinvent the experience of web navigation. Your first product, arcarrived in 2022 with several innovative functionalities, such as its advanced tabs, integrated slate, or its ability to share eyelashes. However, only a small percentage of users took advantage of these characteristics, according to They mentioned From the CNBC.
This is how the browser with the the Browser Company
The turn to the AI. In June 2024, The Browser Company launched daya simpler browser but focused on artificial intelligence that allows users to interact through prompts with multiple tabs simultaneously. Day you can move data between spreadsheets, consult calendars from Gmail or take advantage of any content with URL to provide your AI models. This approach that The Browser Company opted has turned out to be the real hook for Atlassian.
Why Atlassian bets on this. Mike Cannon-Broakes, CEO of Atlassian, He has been a user of ARC since its inception And since then he has dedicated a good part of his time to detect errors and ask the team more functions. Now he prepares to own the project. “Today’s browsers were not created to work, they were built to navigate,” assures Cannon-Broakes. The company sees an opportunity to combine the experience offered by software as an ARC service with the abilities of the day to create an optimized browser so that workers obtain the knowledge they need for their tasks in a easiest way.
Business Strategy. Atlassian, who has more than 300,000 clients, plans to keep The Browser Company as Independent Division. Miller will continue to lead the development, although Recognize An approach change: “Before we talked a lot about shopping, make reservations, search for film schedules. That will disappear in terms of our focus,” he explains. Now they will concentrate exclusively on professional users.
Between the lines. The operation arrives at a time of intense competition in browsers with AI. Perplexity has its own browserGoogle is integrating ia in Chrome At an accelerated pace, and OpenAi is supposedly close to launch a browser Based on chatgpt.
What about Arc. Although Miller promises that ARC will continue to be maintained, the startup had already stopped developing new functionalities for this browser. The focus will be completely day, which promises to integrate the best characteristics of ARC. And the transition seems inevitable, since everything indicates that there is no place for two browsers in this new strategy.
The perfect timing. Miller justifies the sale arguing that “the winner of the navigators space with AI will be decided in the next 12 to 24 months.” To compete, The Browser Company needed massive distribution, sales and scale organization that, according to him, “it was not something that money could buy on the temporal horizon we had.” Atlassian, with its 2.3 million monthly active users in AI capacities, offers exactly that.
And now what. The agreement will be closed in the second quarter of fiscal year 2026 of Atlassian, subject to regulatory approvals. The operation will be financed with cash by the company. For The Browser Company, the strategy represents both a great exit and a risky bet, since they go on to bet on a future as a work tool instead of continuing to compete for being the chatgpt of personal browsers.
Cover image | Day
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