August 25, 2015
TIBCO Software Inc., a global leader in integration, analytics, and event processing, today announced it will acquire Mashery, the industry leader in Application Programming Interface (API) management. The transaction is expected to close in the coming weeks.
With this acquisition, TIBCO expands its API management solutions to help enterprises transform into digital businesses, integrate more channels for new services and experiences, and empower developers to accelerate innovation.
“Mashery powers many of the most effective API automation solutions in production today,” said Murray Rode, CEO, TIBCO. “By strengthening TIBCO’s leading integration technologies with Mashery’s leading API management, we enable customers to build, scale, and monetize a new class of applications. Our advanced software solutions help companies rapidly transform into digital businesses that are omni-channel, hyper-connected, and real time. We’re excited to have Mashery as part of TIBCO and welcome its customers to the TIBCO family.”
Established in 2006, Mashery pioneered API management. The company was founded to help customers take advantage of APIs to build new revenue channels, speed time to market, and spur innovation. Mashery’s unique multi-tenant SaaS platform powers the APIs of more than 200 top brands.
“With Mashery, we continue to invest in the core of our Fast Data platform, augmenting our key integration capabilities and broader cloud strategy,” said Matt Quinn, CTO and EVP, Products and Technology, TIBCO. “We believe APIs are an important part of our vision because they sit at the nexus of technology trends such as cloud, mobility, and the Internet of Things.”
TIBCO expects API management to be an ongoing area of focus and investment.
“APIs will be everywhere, and their use will rapidly increase in future applications,” wrote Paolo Malinverno, Research VP, Gartner Inc.