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Atlassian co-founder moves to cool down IPO hype

The co-founder of $3.5 billion Australian software company Atlassian has moved to calm talk of an imminent public listing, saying the company could remain privately held indefinitely.

Paul Smith
Paul SmithTechnology editor
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The co-founder of $3.5 billion Australian software company Atlassian has moved to calm talk of an imminent public listing, saying the company would not be rushed into an initial public offering and could remain ­privately held ­indefinitely.

Speculation about a public listing for the company, which makes tools for software developers, has ­intensified in the past year as the ­company shifted its corporate headquarters to London and added Silicon Valley heavyweights to its board.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/atlassian-co-founder-moves-to-cool-down-ipo-hype-20140617-j8797