Atlassian is buying Arc maker The Browser Company for $610 million

The Browser Company — the maker of the Arc and AI-centric Dia browsers — is set to have a new owner. Atlassian is buying it for around $610 million in an all-cash deal, which it expects to close in the second quarter of its fiscal year 2026 (i.e. by the end of the 2025 calendar year).

According to The Browser Company, it will continue to operate independently as it builds Dia. A private beta for the browser started in June. Arc (a well-regarded browser on which the company has ended active development) and Arc Search will stick around, and a long-term plan for those will be revealed in the near future.

Co-founders Josh Miller and Hursh Agrawal are staying on as CEO and CTO, respectively. Miller wrote in a blog post that they are looking to accelerate their ambitions by teaming up with Atlassian. "We chose Atlassian because ...