Boomi Acquires APIIDA's Federated API Business and API Management Assets from Cloud Software Group

May 8, 2024

Boomi has acquired APIIDA’s federated API management business and purchased API management assets from Cloud Software Group to accelerate its enterprise API management roadmap. The deals expand Boomi’s API management capabilities—adding a vendor-agnostic control plane and enterprise-grade scalability and security—to better serve customers across travel, retail, finance, healthcare and other enterprise markets.

Buyers
Boomi
Targets
APIIDA (federated API management business), Cloud Software Group (API management assets)
Sellers
APIIDA, Cloud Software Group
Industry
Cloud & SaaS
Location
Hesse, Germany
Transaction Type
Buyout

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