Atlassian's acquisition of hosted code collaboration provider Bitbucket adds to the company's portfolio of software development collaboration tools and services.
Atlassian, a provider of software development collaboration tools, has announced its acquisition of Bitbucket.org, the provider for the Mercurial distributed version control system.
Terms of the deal were not disclosed. Yet with more than 60,000
accounts, Bitbucket is a top provider of hosted code collaboration. The
acquisition signals expanded and accelerated development of the
Bitbucket service, as well as increased support for DVCS in Atlassian's
products, Atlassian and Bitbucket officials said.
"Bitbucket has a very similar philosophy and a passion for building
great tools to help software developers collaborate," said Mike
Cannon-Brookes, CEO and co-founder of Atlassian, in a statement. "We
think DVCS is one of the most important technologies being developed
for software engineers, and Mercurial offers tremendous flexibility and
power."
"This is a terrific day for Bitbucket and our customers," said
Jesper Noehr, CEO and co-founder at Bitbucket.org, also in a statement.
"Atlassian is committed to providing expanded services for our
customers and supports everything we're doing with distributed version
control. They have an excellent track record with past acquisitions as
far as strengthening the original brand in the market."
Atlassian is known for its own software development collaboration
tools, such as JIRA and Confluence. Atlassian launched its own
on-demand service for JIRA, Confluence and JIRA Studio more than two
years ago and has grown to support over 36,000 hosted customers. With
the addition of Bitbucket.org's user base, Atlassian is
strengthening its position as a provider of SAAS
(software-as-a-service) developer tools.
A DVCS decentralizes the software repository, allowing each user to
have a full copy of the source code repository on their local machine.
It allows users to work productively without being tethered to a
network. Mercurial is a platform-independent, open-source DVCS licensed
under the GNU General Public License.
Under the Atlassian regime, Bitbucket customers will see new
user-based pricing featuring unlimited private and public repositories,
Atlassian said in a press release. The new pricing plan offers
unlimited disk space, which is a clear win for small companies and
startups looking for a system that scales as their code base grows.
Current Bitbucket users have the option to move to a new pricing tier
or be "grandfathered" into their current plans for 12 months.
Atlassian said there are also two free code hosting
pricing tiers: A free five-user, unlimited private repositories option
that's perfect for startups and small teams; and an unlimited
repositories and unlimited user option that is free for public
open-source projects.
In addition, for the week of Sept. 27 only, Atlassian is offering
the 10-user private repository option, normally $10 per month, free for
the first year. Detailed pricing is available at http://bitbucket.org/.
This acquisition follows Atlassian's receipt of $60 million in
funding from Accel Partners in August, which the company said it would
use to beef up its portfolio. Bitbucket, which has led the adoption of
the Mercurial DVCS, is an important complement to Atlassian's portfolio
of software development and collaboration tools, Atlassian officials
said. As a provider of tools to hundreds of thousands of developers,
Atlassian will remain agnostic toward version-control systems and will
continue to support Subversion, CVS, Perforce, ClearCase, Mercurial and
Git in its products, the company said.
Darryl K. Taft covers the development tools and developer-related issues beat from his office in Baltimore. He has more than 10 years of experience in the business and is always looking for the next scoop. Taft is a member of the Association for Computing Machinery (ACM) and was named 'one of the most active middleware reporters in the world' by The Middleware Co. He also has his own card in the 'Who's Who in Enterprise Java' deck.
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