Atlassian acquires developer productiveness startup DX for $1 billion

Atlassian Corp. in the present day introduced plans to accumulate startup DX, which has a software program platform that helps enterprises make their builders extra productive.

The worth of the transaction is about 1 billion {dollars}. Atlassian plans to finance the cope with a mix of money and restricted inventory.

DX, formally A Software program Firm Inc., helps engineering organizations measure the standard of the developer expertise they supply to workforce members. The corporate’s platform quantifies developer expertise utilizing a metric known as DXI. DX says {that a} one-point DXI enchancment corresponds to about 10 hours of saved time per developer per yr.

The platform calculates metrics primarily based on 14 completely different knowledge factors. In accordance with DX, these embody particulars equivalent to how simple it’s for builders to launch code to manufacturing and whether or not technical points are being resolved effectively. Corporations can use a built-in benchmarking device to find out how their developer expertise compares to the remainder of the market.

Together with DXI’s high-level variations, the DX platform additionally tracks extra granular efficiency knowledge. It may well measure metrics equivalent to the typical time it takes to approve code adjustments and the share of these adjustments that trigger technical points. To facilitate evaluation, the platform visualizes collected knowledge in dozens of pre-built dashboards.

One other set of capabilities supplied by DX finds growth duties that firms can speed up utilizing synthetic intelligence. The platform creates a confidence rating that signifies how probably it’s {that a} given job might be successfully automated. It highlights the most effective AI device for the duty, the period of time the device can save and the monetary affect.

As soon as coding assistants are deployed, firms can use DX to benchmark their efficiency. The efficiency of AI programming instruments typically varies from job to job. In accordance with DX, its algorithms can decide which AI device is appropriate for which growth job.

Greater than 350 clients use the corporate’s platform, together with Dell Applied sciences Inc., Dropbox Inc. and different main know-how firms. Most of these firms are additionally Atlassian clients. Atlassian plans to combine the know-how into its suite of developer instruments after the deal closes later this yr.

The publicly traded software program maker presents an AI coding device, Rovo Dev, that may automate duties like bug exams. When DX’s platform finds a growth job that may be accelerated with AI, firms can use Rovo Dev to automate it.

Atlassian presents the device alongside a developer expertise platform known as Compass. Like DX, it may possibly assist firms monitor developer productiveness metrics. Compress additionally makes software program parts constructed by companions and technical knowledge about software program initiatives out there to engineers.

The acquisition of DX comes lower than a month after Atlassian’s earlier startup deal. In early September, it purchased The Browser Firm Inc. for $610 million. The corporate is growing a browser known as Dia that makes use of AI to hurry up duties like evaluating e-commerce product listings.

Picture: Atlassian