Public Markets

Atlassian Acquires Mindville

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Atlassian has bought Swedish asset management company Mindville, the company announced this week.

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Sydney-based Atlassian, which makes collaboration and issue-tracking software for teams, did not disclose the acquisition price.

“Today’s digital enterprises often have tens or even hundreds of thousands of assets and services that they need to track and manage,” Noah Wasmer, Atlassian’s head of tech teams, wrote in a blog post announcing the acquisition. “Mindville Insight provides enterprises with full visibility into their assets and services, critical to delivering great customer and employee service experiences. These capabilities are a cornerstone of IT Service Management (ITSM), a market where Atlassian continues to see strong momentum and growth.”

Mindville creates a place for companies to store information about their assets and infrastructure and share it across teams. That makes it a complementary partner for Atlassian.

“Even in the pre-COVID era, companies were increasingly becoming digital businesses. Now, that transformation is accelerating. Whether it’s supporting a remote workforce, bringing doctor “visits” into the digital realm,or facilitating grocery deliveries, IT organizations play a vital role. In this software-centric world, we find more and more companies adopting agile and DevOps practices to keep pace with change. However, they still struggle at being successful because the information they need to respond to changes and incidents is spread across different teams and systems,” Wasmer wrote.

Mindville has more than 1,700 customers around the world, including companies like Spotify and Samsung, and organizations such as NASA

Founded in 2002, Atlassian has acquired at least 15 companies now, according to Crunchbase. Its most recent acquisition before Mindville was ticketing startup Halp in May. 

Illustration: Dom Guzman

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