Depending on how you define "immediately". This is from the Atlassian FAQ:
The end-of-life dates for each products are below:
Stride: February 15th, 2019
Hipchat Cloud: February 15th, 2019
Hipchat Data Center (v3.0): June 22nd, 2019
Hipchat Data Center (v3.1): September 26th, 2019
Hipchat Server (v2.1): December 8th, 2018
Hipchat Server(v2.2): May 30th, 2019
Hipchat Server (v2.4): June 30th, 2020
Okay, so given that Atlassian has a clear and direct reason to develop a competitive chat application, presumably they'll embark on producing a new solution and marketing it to their customers as a competitor to slack? I'm not sure I buy it.
> Slack will pay an undisclosed amount over the next three years to acquire Atlassian’s HipChat and Stride products