T. Rowe Price is heading the deal, which will, according to Atlassian, be paid for by “funds and accounts” managed by the financial firm. Atlassian is valued at $3.3 billion in the deal, meaning that less than 5 percent of its total value is being exchanged.
TechCrunch reported late last year that in Atlassian’s 2013 fiscal year, it had revenue of $150 million. In an email to TechCrunch, the company stated that it now has a “current run rate exceeding $200 million in annual revenues.” So it’s still growing. In its fiscal 2012, Atlassian had revenue of $110 million.
The company likes to state that it has been cash-flow positive for a decade.
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