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Atlassian said it has agreed to acquire The Browser Co., a startup that offers a web browser with artificial intelligence features, for $610 million in cash.

The companies aim to close the deal in Atlassian's fiscal second quarter, which ends in December.

Established in 2019, The Browser Co. has gone up against some of the world's largest companies, including Google , with Chrome, and Apple , which includes Safari on its computers running MacOS.

The startup debuted Arc, a customizable browser with a built-in whiteboard and the ability to share groups of tabs, in 2022. The Dia browser, a simpler option that allows people to chat with an AI assistant about multiple browser tabs at once,

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