Red Hat Acquires 3scale for Undisclosed Sum

  • Feed Type
  • Date
    6/22/2016
  • Company Name
    3scale
  • Mailing Address
    450 Townsend Street San Francisco, CA 94107 USA
  • Company Description
    3scale’s API Management platform gives you the tools you need to take control of your API. Trusted by more customers than any other vendor.
  • Website
    http://www.3scale.net
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    By adding 3scale to its existing portfolio, including Red Hat JBoss Middleware, Red Hat OpenShift and Red Hat Mobile Application Platform, Red Hat strengthens its enablement of the API economy with simplified cloud integration and microservices-based architectures. Financial terms of the transaction were not disclosed by the companies.

Trending on Xconomy