SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced it has entered into a definitive agreement to acquire OpsGenie, Inc., whose technology enables companies to better plan for and respond to IT service disruptions.

Software has become part of our daily lives – from sending money using your phone to signing contracts with a click. But all this progress comes with a downside – specifically, downtime. When a popular online service goes down, it disrupts millions of people and costs businesses $700 billion per year in North America alone. Responding to service disruptions has become one of the biggest challenges facing IT organizations today.

Greetings from Atlassian Summit, happening right now in beautiful Barcelona. We have more than 1,500 customers, partners, experts, and staff assembled to talk about our product updates, share best practices and tips, and be inspired by all the amazing things people are doing with the Atlassian suite. Speaking of amazing, did you know someone recently used Jira to plan their wedding?

Last year we introduced Live Tail — the ability to see a live feed of all the logs in your system, in real time, within Kibana. This ability to see a live stream of logs as they are being outputted from the different processes in a monitored environment was a greatly requested feature, and since being introduced we have received some excellent feedback from users that has allowed us to improve the basic functionality of Live Tail.