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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