Google has signed a definitive agreement to acquire US-based Apigee, an API management company to enhance its cloud business. A Reuters report pegs the size of the deal at $625 million; Google will pay Apigee’s shareholders $17.40 for each share, added the report. This is Google’s second acquisition in the cloud business space: In July it bought Anvato, a cloud based platform to scale media processing and workflows in the cloud. Apigee offers customized APIs for developers and enable them to build applications around a tailored ecosystem. For example: Pharmaceutical store Walgreens uses Apigee’s API management tools to developed a mobile app that prints photos of prescriptions or medicines specified by customers at stores; the app can also be later used to order refills for the same prescription online. How Apigee will enhance Google’s cloud business This technology will now be integrated in Google’s cloud offerings including Google App Engine, and Google Container Engine—both together provides a Platform-as-a-Service (PaaS) for hosting web apps on Google managed cloud data centers. “Now, with Apigee’s API management platform, they'll (users) be able to front these secure and scalable services with a simple way to provide the exported APIs,” Google said in the blog post. In addition, Apigee’s technology will also be used in Kubernetes—an open source system for automating deployment, scaling, and managing cloud-hosted applications. This is mainly targeted at enterprise customers as Google mentions that the Kubernetes-Apigee integration will “help enterprises get better control and visibility into how their internal systems talk…
- Indian Govt to come up with Search and Seizure Guidelines by December 14: Supreme Court December 6, 2023
- Uttar Pradesh Government begins process to use Drones to Monitor MNREGS Sites December 6, 2023
- Meta and IBM Forge ‘AI Alliance’ With 50 Members Focusing On Open Innovation in Artificial Intelligence December 6, 2023
- Delhi Govt notifies Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023 December 6, 2023
- Post Office Bill 2023 passed in Rajya Sabha: Here are the major privacy concerns raised by MPs December 5, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...