One of the stock market's highest flyers is aiming to make more money from its priciest acquisition

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Atlassian is seeking to make some money from some free users of Trello, its task-management app.

Atlassian, the maker of collaboration software for developers, is aiming to ramp up revenue from its Trello service, more than two years after buying the tool-tracking company for $425 million.

"Existing free Teams with more than 10 open boards will continue to have access to those boards, but will need to upgrade to Business Class to add more boards to their Team," the post said. The business tier costs $9.99 per user, per month when paid annually. Users know Atlassian mostly for its Jira and Confluence products, which are almost ubiquitous in the software development community. But the company is increasingly looking for growth elsewhere, whether it's from Trello or AgileCraft, which Atlassian just acquired for $166 million, according to a statement on Monday.

Atlassian's competitors include Microsoft, Salesforce, ServiceNow and Zendesk as well as numerous start-ups. So raising prices is always a sensitive matter.

 

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