Australia-headquartered software company Atlassian has acquired Code Barrel, makers of an automation tool for Jira, for an undisclosed sum, according to an announcement.
According to the company, automation for Jira is sold exclusively through the Atlassian Marketplace and extends automation capabilities across the entire Jira family.
“We’re excited to announce today that we have acquired Code Barrel, makers of Automation for Jira. The Code Barrel team obsesses over customers, works as an open company, and values giving back to the community,” said Noah Wasmer, Head of Tech Teams of Atlassian.
Code Barrel was founded in 2016 by two former Atlassians. The company claims that Automation for Jira is already used by more than 6,000 organisations, from financial services firms like Visa, to tech giants like Cisco and consumer companies like Airbnb and Trip Advisor.
“Becoming part of Atlassian will provide an amazing opportunity for us to continue building a solid solution for what our customers need and we’ll now be able to invest in R&D more heavily to further improve Automation for Jira,” Andreas Knecht, Founder, said in a blog post.
Atlassian provides issue tracking, collaboration, and software development tools. The company offers tools that enable software development teams to conceive, plan, build, and launch products.
The acquisition comes alongside Atlassian’s first-quarter financial results. The collaboration and productivity software company posted a net income of $69.3 million for the first quarter of fiscal 2020, compared with a net loss of $242.4 million for the first quarter of fiscal 2019.
Last year, Atlassian sold its open-source video communications technology platform, Jitsi, to 8×8, a cloud based communications service. The deal came three years after Atlassian acquired BlueJimp, the original company behind the Jitsi platform.