09/22/2025 | Press release | Distributed by Public on 09/22/2025 12:39
Baker McKenzie is pleased to announce its role as legal advisor in the USD 1 billion cash and restricted stock acquisition by Atlassian Corporation (NASDAQ: TEAM), a global leader in team collaboration software, of DX, a rapidly growing developer productivity platform.
The transaction brings together two innovation-driven organizations to deliver enhanced agile and enterprise solutions across industries. Baker McKenzie provided comprehensive legal counsel throughout the deal, including structuring, regulatory compliance, intellectual property strategy, and cross-border coordination.
"Our team is proud to have supported Atlassian and DX in forming a partnership that reflects the evolving needs of enterprise clients in a digital-first world," said Derek Liu, Partner at Baker McKenzie. "This transaction highlights our commitment to guiding technology leaders through complex, high-impact deals with precision and global insight."
The partnership will enable DX to integrate Atlassian's suite of tools-including Jira, Confluence, and Bitbucket into its transformation offerings, helping clients streamline operations and accelerate innovation allowing teams to collaborate effortlessly. Baker McKenzie's multidisciplinary team worked closely with stakeholders across jurisdictions to ensure a seamless and strategic outcome.
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:
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.