google to buy apigee in 625m deal
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Google to buy Apigee in $625m deal

Arab Today, arab today

Arab Today, arab today Google to buy Apigee in $625m deal

Apigee is used by hundreds of companies, including AT&T, Bechtel, Burberry, Live Nation and Walgreens, according to Google.
New York - Arab Today

Alphabet Inc.'s Google is acquiring software developer Apigee Corp. in a deal valued at about $625 million, as it strengthens its cloud business.
San Jose-based Apigee's software helps a company's backend services interact with mobile and web-based apps used by customers and partners. 
"Companies are moving beyond the traditional ways of communicating like phone calls and visits and instead are communicating programmatically through APIs (Application Programming Interface)," said Dianne Greene, who runs Google's cloud computing division. 
Google will pay Apigee shareholders $17.40 for each share held, a 6.5 percent premium to the stock's Wednesday close. Apigee's shares were trading above the offer price at $17.45 on Thursday morning.
The company, whose customers include AT&T, Burberry Group Plc, Vodafone Group Plc and the World Bank, went public in April last year at $17 per share.
This is the latest from the highly regarded enterprise computing executive Greene, who is pushing to make Google a central player in corporate computing.
The Apigee deal comes a day after Google and online storage company Box Inc. said they would partner to enable Box's corporate customers to integrate Google's suite of word processing, spreadsheets and other productivity tools, known as Google Docs.
Companies including Google, Amazon.com Inc., Microsoft Corp., IBM Corp. are competing for a share of the fast-growing corporate cloud computing business.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

google to buy apigee in 625m deal google to buy apigee in 625m deal

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

google to buy apigee in 625m deal google to buy apigee in 625m deal

 



GMT 15:19 2017 Wednesday ,08 November

A well changes lives in ravaged Mali city

GMT 17:54 2018 Friday ,12 October

Florida town demolished by Hurricane Michael

GMT 02:59 2016 Tuesday ,20 September

Indian markets open flat

GMT 08:04 2017 Thursday ,19 October

Jordan condemns Mogadishu blasts

GMT 02:03 2017 Wednesday ,12 July

Egyptian police raid Al Jazeera unit again

GMT 15:25 2017 Tuesday ,21 November

Ratings boost for Saudi reform program

GMT 21:45 2017 Saturday ,21 January

Trump demands CIA to eliminate ISIS in Syria

GMT 13:19 2017 Wednesday ,29 March

Belstaff appoints Karla Otto
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday