Software giant Atlassian has acquired AirTrack, a six-year-old Melbourne-based software developer that it will use to improve its Jira service management product.
Atlassian acquired the company in October but released the news yesterday.
AirTrack helps enterprises gather, aggregate, and analyse multiple sources of data used across IT. As a result, the company’s software makes it easier for businesses to pinpoint and remediate issues. It also monitors company data environments to ensure their data is complete, current, and correct across the enterprise.
“This acquisition builds on Atlassian’s previous investments designed to help enterprises take a comprehensive approach to asset and configuration management. The combined offering – AirTrack + Jira Service Management – will enable enterprises to better account for and track all critical assets within their organizations, minimizing operational risks, costs, and attack surfaces,” wrote Edwin Wong, Atlassian’s head of product management.
The integration of AirTrack into Jira will add more than 30 out-of-the-box data connectors to help aggregate and cleanse data and allow for rapid data reconciliation. It will also provide teams greater visibility into both the infrastructure supporting services and information from development tools about the engineering components that business applications and services depend on.
The acquisition of AirTrack follows its $1.5 billion acquisition of video collaboration platform Loom last month. AirTrack was spun out of its former parent company, The Mastermind Group, by its managing director Mike Jones in 2017.
AirTrack had received no VC funding and has largely avoided media or M&A attention as a result. Its two major shareholders were Jones and Mastermind Group’s boss Fulvio Inserra.
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