Australia’s Atlassian sells video communications platform Jitsi to 8×8

Australian enterprise software company Atlassian – that helps developers collaborate and manage projects – has sold its open source video communications technology platform, Jitsi, to 8×8, a cloud based communications service.

The deal comes three years after Atlassian acquired BlueJimp, the original company behind the Jitsi platform.

“Incorporating Jitsi’s open-source technology into our video communications technology platform, and having Jitsi’s talented engineering team play a role in leading our development of dedicated conferencing applications and WebRTC, will open new paths for our customers and further enhance our meetings solution,” said Dejan Deklich, chief product officer, 8×8, said in a statement.

Jitsi’s video communication solution will be integrated into 8×8 Meetings, a key element of 8×8 X Series that helps businesses to communicate including the use of integrated video and audio conferencing.

The Jitsi divestment appears to be in line with Atlassian’s move to quit the messaging market after it decided to sell the IP for Stride and HipChat to Slack earlier this year.

Atlassian entered into a partnership with Slack by making an equity investment in the enterprise messaging firm Slack.

As part of its efforts to find new growth areas, Atlassian announced last month that it will buy OpsGenie Inc for $295 million. With the purchase, OpsGenie will be working with Jira Ops, Atlassian’s new product which helps software engineers track website outages.

Also Read:

Atlassian buys OpsGenie for $295m, to tap into ServiceNow’s market

Slack’s valuation soars to $7.1b after private equity deal

 

 

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.