HipChat

Collaboration software company Atlassian Corp., maker of popular apps Jira and HipChat, has agreed to acquire Trello, a project management app, for $425 million — $360 million in cash and $65 million in restricted stock and options. The transaction is expected to close by the end of the first...

Summit Redstone Partners has started coverage of Atlassian Corporation PLC (NASDAQ: TEAM) with a Buy rating and $35 price target on differentiated software and online sales model. Atlassian is an enterprise software company. The company's products include JIRA for team planning and project...