Although it reduces competition in short term, it’s likely to give more competition in the long term by creating a strong competitor to Microsoft.
And based on the numbers in the article, it seems like Atlassian had less than 4% marketshare (Slack expects single digit growth - and assuming they have around 50% of the market)
This deals seems like the last step before a full - and in competitive terms logical - merger between Slack and Atlassian.
“Look, we’re watching the Russians. We’re seeing them penetrate some of your infrastructure. Here’s what we’ve seen. What can we do to try to assist?”
"In mid-March, researchers with Trend Micro, the cybersecurity giant based in Tokyo, watched the same Russian intelligence unit behind some of the Democratic National Committee hacks start building the tools to hack Mr. Macron’s campaign."
How does US Govt and security firms monitor such hacks? What are they looking for and how do they do it?
The most interesting part of this article is how big incumbent companies fail. Not by direct competition, but by a new product category/service that makes the current one a pure or irrelevant commodity.
Thats Ben Thompsons point, right? That being underwhelming on features doesnt matter in any country but China, because Apple has a moat there: iOS. But iOS doesnt matter in China because there is another OS on top of it: WeChat.
IMO, the market is vastly overreacting. It's only natural that the customers that grow very big (e.g. Uber) eventually build a proprietary alternative to cut costs. That doesnt mean that the need for the service is generally declining
And based on the numbers in the article, it seems like Atlassian had less than 4% marketshare (Slack expects single digit growth - and assuming they have around 50% of the market)
This deals seems like the last step before a full - and in competitive terms logical - merger between Slack and Atlassian.