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No. Atlassian sold HipChat to Slack so that Slack could kill it. Atlassian did not invest in Slack
by move-on-by 8y ago
No. Atlassian sold HipChat to Slack so that Slack could kill it. Atlassian did not invest in Slack
- hrktb 8y agoThey invested as part of their partnership [0] to provide a successor to Hipchat after Stride was DOA. [0] https://www.atlassian.com/blog/announcements/new-atlassian-slack-partnership https://www.atlassian.com/blog/announcements/new-atlassian-s...
- eric_b 8y agoIt's a distinction without a difference. At the end of the day, the deal was to shut down Hipchat - in exchange Atlassian was paid with shares of Slack. Might not officially be an "investment" but it more or less amounts to the same thing.
- hobofan 8y ago> As part of this partnership, Atlassian has made an equity investment in Slack, and Slack has acquired the IP for Stride and Hipchat Cloud, both of which we will discontinue. https://www.atlassian.com/blog/announcements/new-atlassian-slack-partnership https://www.atlassian.com/blog/announcements/new-atlassian-s...