Atlassian Buys Mercurial Project Hosting Site BitBucket

In July, product development software company Atlassian said that it would be putting its recently raised $60 million investment towards M&A in the enterprise space. It looks like the company is moving fast?Atlassian has just acquired Bitbucket.org, a hosted service for code collaboration. Terms of the deal were not disclosed.

Bitbucket, which hosts over 60,000 accounts, is the premier hosted code collaboration provider for the Mercurial distributed version control system and provides a service for developers wanting to share and collaborate on projects. Bitbucket, which is similar to GitHub or Google Code, hosts code for Adium, MailChimp, Opera and other great opensource projects.

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