Reuters logo
7 months ago
BRIEF-Atlassian to acquire Trello for about $425 mln
January 9, 2017 / 2:40 PM / 7 months ago

BRIEF-Atlassian to acquire Trello for about $425 mln

Jan 9 (Reuters) - Atlassian Corporation Plc

* Atlassian to acquire Trello to expand teamwork platform

* Acquisition is valued at approximately $425 million

* For fiscal 2017, acquisition is expected to be dilutive to IFRS earnings per share and to non-IFRS earnings per share

* Trello is expected to remain as a standalone service after transaction is closed

* For fiscal 2018, deal expected to be dilutive to IFRS earnings per share and neutral to slightly accretive to non-IFRS earnings per share

* Deal price comprised of approximately $360 million in cash and remainder in Atlassian restricted shares Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below