If you use Trello (and there are more than 19 million of us that do) you have probably heard about the acquisition of Trello by Atlassian. While Trello will essentially still be what it is today, the team behind Trello now has some serious R&D backing.

As somebody who uses the Atlassian stack of tools daily, and also a lover of Trello, this is some pretty sweet news. I’m looking forward to seeing what integrations these teams come up with for the tool set!

TechCrunch reports that the acquisition has a value of $425 million, with $360 million in cash and the rest in shared/options. Things get official on March 31st.

The official news from Atlassian and Trello:

• Atlassian + Trello: changing the way teams work
• Trello is Being Acquired by Atlassian