Canaccord Genuity analyst David Hynes Jr reiterated a Buy rating on Atlassian Corp (NASDAQ:TEAM) with a price target of $230. Atlassian announced an agreement to acquire Loom, a video messaging ...

Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes with NSW Premier Gladys Berejiklian and Minister Stuart Ayres on June 25, 2020 in Sydney, Australia. For those preaching the end of ...

The project management software provider is getting serious about video collaboration with the announcement of plans to buy privately held video messaging platform Loom for a close to $1 billion price ...

Loom's annual revenue is in the tens of millions of dollars, according to ZoomInfo. Atlassian is likely paying dozens of times annual sales. This acquisition wouldn't make sense if the only benefit ...