Slack Acquires Enterprise Chat Software Assets from Atlassian

by Sean Michael Kerner
Slack Acquires Enterprise Chat Software Assets from Atlassian

The HipChat and Stride technologies are being shutdown after being acquried by Atlassian.

In the world of enterprise collaboration apps, few technologies have become as pervasive in recent years as Slack.

Slack has its share of competitors, but at least one of them is now bowing out, with Slack announcing that it is buying the HipChat and Stride enterprise chat platforms from Atlaassian and shutting down the services by February 2019.

"The market in real-time communications has changed pretty dramatically, and throughout that change, one product has continued to stand out from the others: Slack." Joff Redfern, VP of product management at Atlassian, wrote in a blog post. "While we’ve made great early progress with Stride, we believe the best way forward for our customers and for Atlassian is to enter into a strategic partnership with Slack and no longer offer our own real-time communications products."

As part of the partnership, Slack is acquiring the intellectual property behind Stride and Hipchat, while Atlassian is making an equity investment in Slack. Financial terms of the deal have not been publicly disclosed.

With the partnership, there is also a plan to build deeper integration between Slack and Atlassian's enterprise application development products, including Jira, Trello, Bitbucket and Confluence.

"Today Slack and Atlassian are taking even bigger steps to drive fundamental improvements to the experiences of hundreds of thousands of teams and millions of people around the world who use our products together every day," April Underwood, chief product officer at Slack, wrote in a blog post. "This partnership is about a joint vision of simplifying and automating the huge amount of effort that teams everywhere expend to stay aligned, coordinated and productive."

Sean Michael Kerner is a senior editor at EnterpriseAppsToday and InternetNews.com. Follow him on Twitter @TechJournalist.

  This article was originally published on Friday Jul 27th 2018
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