Atlassian Completes Acquisition of Loom
30 Novembro 2023 - 6:05PM
Business Wire
Atlassian Corporation (NASDAQ: TEAM), a leading provider of team
collaboration and productivity software, today announced it has
completed the acquisition of Loom, a video messaging platform that
helps users communicate through instantly shareable videos. The
global movement towards distributed work has fueled a need for new
ways to help teams collaborate when they are not in the same
location or even the same hemisphere. Asynchronous video has been
at the forefront of this movement with Loom’s business users
recording almost 5 million videos per month.
Combined with Atlassian’s deep expertise in how teams work, the
addition of Loom will further elevate the collaboration experience
for teams. Soon, engineers will be able to visually log issues in
Jira; leaders can use videos to connect with employees at scale;
sales teams can send tailored video updates to clients and HR teams
can onboard new employees with personalized welcome videos.
Forward-Looking Statement Disclosure
This press release contains forward-looking statements, which
are subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. In some cases, you can identify
these statements by forward-looking words such as “may,” “will,”
“expect,” “believe,” “anticipate,” “intend,” “could,” “should,”
“estimate,” or “continue,” and similar expressions or variations,
but these words are not the exclusive means for identifying such
statements. All statements other than statements of historical fact
could be deemed forward looking, which are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this press
release, including but not limited to: Atlassian’s ability to
successfully integrate the business, technology, product, personnel
and operations of Loom, and to achieve the expected benefits of the
acquisition; the ability of Atlassian to extend its leadership in
the team collaboration and productivity software space; the
potential benefits of the transaction to Atlassian and Loom
customers; anticipated new features and solutions that will become
available; the ability to integrate Atlassian’s and Loom’s
technology, including investment in AI; any statements of
expectation or belief; and any statements of assumptions underlying
any of the foregoing.
Atlassian undertakes no obligation to update any forward-looking
statements made in this press release to reflect events or
circumstances after the date of this press release or to reflect
new information or the occurrence of unanticipated events, except
as required by law.
The achievement or success of the matters covered by such
forward-looking statements involves known and unknown risks,
uncertainties and assumptions. If any such risks or uncertainties
associated with Atlassian’s and Loom’s business materialize or if
any of the assumptions prove incorrect, actual results could differ
materially from the results expressed or implied by the
forward-looking statements. You should not rely upon
forward-looking statements as predictions of future events.
Forward-looking statements represent our management’s beliefs and
assumptions only as of the date such statements are made.
Further information on factors that could affect the expected
results of the transaction is included in filings Atlassian makes
with the Securities and Exchange Commission (the “SEC”) from time
to time, including the section titled “Risk Factors” in its most
recently filed Forms 10-K and 10-Q. These documents are available
on the SEC Filings section of the Investor Relations section of
Atlassian’s website at https://investors.atlassian.com.
About Atlassian
Atlassian unleashes the potential of every team. Our agile &
DevOps, IT service management and work management software helps
teams organize, discuss, and complete shared work. The majority of
the Fortune 500 and over 265,000 companies of all sizes worldwide -
including NASA, Audi, Kiva, Deutsche Bank and Dropbox - rely on our
solutions to help their teams work better together and deliver
quality results on time. Learn more about our products, including
Jira Software, Confluence and Jira Service Management at
https://atlassian.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231129694662/en/
Media Contact Marie-Claire Maple press@atlassian.com
Investor Relations Contact Martin Lam IR@atlassian.com
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