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Collaborative software giant announced on Thursday that it has agreed to acquire for about $610 million in cash.

The purchase price is inclusive of The Browser Co.鈥檚 cash balance, subject to customary adjustments.

Founded in 2019 by and , The Browser Co. is a startup behind the AI-powered Dia and Arc browsers. The New York-based company has raised $68 million in funding, per Crunchbase data, from investors such as ,,,, and co-founder and CEO .

According to Crunchbase鈥檚 predictions, The Browser Co. was 鈥渧ery likely鈥� to be acquired. and also considered buying the startup, as .

In , , co-founder and co-CEO of Australia-based Atlassian, wrote that his company鈥檚 goal with the acquisition is to create a browser designed for the specific needs of knowledge workers 鈥渋n the AI era,鈥� and聽 鈥�.鈥�

鈥淭oday’s browsers weren’t built for work, they were built for browsing,鈥� he added. For example, part of that vision is having the browser 鈥減acked with AI skills鈥� and a user鈥檚 personal work memory 鈥渢o connect the dots between 鈥� apps, tabs, and tasks.鈥�

Startup M&A has been on the rise in 2025. Acquirers made just over $100 billion worth of disclosed-price startup purchases in the first half of 2025, per Crunchbase . That鈥檚 a whopping 155% increase from the same period last year, showing buyers are increasingly willing to write big checks for sought-after companies.

Related Crunchbase queries:

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