Trello is being bought by Atlassian
From Launch to $425 million in five years
The web based team collaboration and project management platform Trello is being bought by Atlassian.
According to Wikipedia Trello was originally made by Fog Creek software, the Trello project spun off from Fog Creek in 2011.
CEO of Trello Michael Pryor, confirmed the news of the acquisition on the Trello blog on January 9 this year.
Trello was launched just five years ago as and easy and fun web based collaboration software tool. The online software platform has operated on the freemium business model, a basic service is provided free of charge, while larger business users can join the paid service.
19 Million Users
Trello has more than 19 million members who have used web based platform to solve many different challenges both personal and professional capacity. I discovered Trello in 2014 when going through an online mentorship training course. I’ve used it to keep track of an important legal matter during 2015. I think it is a great online tool for small business and if you use VA’s or outsource tasks it’s perfect for sharing and allowing others to contribute.
Another way I’ve used Trello is to plan work and goals over a 12 week period
this follows the 12 week year program, which I discovered last year and starting using to plan and progress business goals.
I’v never heard of the Atlassian software Company until this week with the news of the sale reaching my inbox. My quick search reveals that Atalassian is an Australian publicly traded, 5 billion productivity software company. Inc.com reports that Trello has been bought in the deal valued at $425 million made up of $360 million in cash and $65 million in stock. Atlassian collaboration software tools include JIRA, Confluence, HipChat and BitBucket.
Inspiration from Japan
Trello takes its inspiration from the Kanban or visual project management message which traces its roots to Toyota industrial engineer Taiichi Ohno. Easy to use, Trello lets you organise projects by moving virtual post-it notes on a virtual whiteboard.
Top users include teams and companies like Google, Adobe and Pixar.
Trello and Atlassian both have the same stated goal to reach 100 million users. Trello fans just hope that the buy out doesn’t have a downside. We want Trello to continue to evolve in it’s easy and fun to use platform.
Read more on Trello Blog here
Read more on Inc.com
Read more on Wikipedia.
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