Atlassian said it will acquire DX, a startup specializing in engineering intelligence, for $1 billion as it aims to help enterprises track AI investments.

DX's platform measures and benchmarks developer productivity. Atlassian said the plan is to integrate DX into its system of work portfolio that includes Rovo Dev, Jira and Bitbucket.

Mike Cannon-Brookes, CEO of Atlassian, said DX will help enterprises create value from AI projects. "For developers this means less friction, more flow. For engineering leaders it means more clarity and confidence across the software development lifecycle. For companies, it ensures investments are being made in the right place to win," said Cannon-Brookes in a blog post.

DX has 350 enterprise customers and Atlassian will bring scale and distribution to the mix with its 300,000 customers. Nearly all of DX's customer base is already an Atlassian customer.

Atlassian with DX said it will bring 360 degree visibility into developer experience as well as insights to productivity.