Business
Atlassian’s revenue soars through pandemic, announces new acquisition – Sydney Morning Herald
The Australian software giant acquires asset management company Mindville and reports a 33 per cent revenue jump.
The company said its strategy of moving its customers to the cloud was tracking well and made up half its revenue but “we have work to do” to get to its aim of 90 per cent of users on the cloud.
Atlassian has been offering considerable discounts to get users to make the shift with many customers offered 55 per cent off subscriptions.
The company said it was investing for the long term and would take advantage of the talent available as a result of the pandemic to hire more than 1000 new employ…
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