Baker McKenzie is pleased to announce its role as lead legal advisor in the $1 billion cash and restricted stock acquisition by Atlassian Corporation (NASDAQ: TEAM), a global leader in team collaboration software, of DX, the leader in engineering intelligence.
Baker McKenzie provided comprehensive legal counsel to Atlassian throughout the deal, including structuring, deal negotiation and regulatory compliance.
“Our team is proud to have supported Atlassian in a transaction that solidifies them as a leader in developer productivity,” said Derek Liu, Partner at Baker McKenzie. “This transaction highlights our commitment to guiding technology leaders through complex, high-impact deals.”
Together, Atlassian and DX will empower enterprises to understand how their AI investments are helping large-scale engineering teams accelerate and improve their work. The acquisition will enable Atlassian to integrate DX into Atlassian’s System of Work alongside tools like Rovo Dev, Jira, Bitbucket, Pipelines and Compass.
The Baker McKenzie team was led by Corporate Partners Derek Liu (Palo Alto), Kelly Kriebs (Los Angeles), supported by Associate Caroline Shih (San Francisco) and Associate Aubrey Kelley (New York).
The wider Baker McKenzie team included:
- Tax Partner Matthew Schonholz (Los Angeles) and Associate Joseph Chung (Houston);
- Antitrust & Competition Partner John J. Fedele (Washington, DC) and Associates Daniel Duk-ki Moon and Marisa Dieken (Washington, DC);
- Trade Partner Rod Hunter (Washington, DC) and Associate Alexandra Kumar (Washington, DC);
- Employment & Compensation Senior Associate M'Alyssa Mecenas (Los Angeles) and Associates Sesen Hailemichael (San Francisco) and Erin Karnig (Chicago);
- Labor and Employment Partner Amanda Cohen (San Francisco);
- Data and Cybersecurity Partner Cynthia Cole (Palo Alto); and
- Intellectual Property Technology Associate Emily Chan (Palo Alto).
Learn more about the deal on Atlassian’s website.
With more than 2,500 deal practitioners in more than 40 jurisdictions, Baker McKenzie is a transactional powerhouse with the broadest global M&A footprint of any law firm. The Firm excels in complex, cross-border transactions, leveraging local strength to achieve global excellence.