What a two weeks it’s been. Something happened that has been simmering for a while. The API market exploded. Intel bought Mashery for more than $180 million and CA acquired Layer 7. 3Scale received a new $4.2 million round of funding from Javelin Ventures. Mulesoft acquired Programmable Web. And then Facebook jumped in and bought Parse. The acquisitions and funding point to a maturing market… → Read More
We’re hearing from a source familiar with deliberations that Intel is buying Mashery for more than $180 million, in a move that shows how the chipmaker is slowly becoming both a hardware and a software company. ReadWrite had ballparked the acquisition price at 2-3x the company’s last reported valuation of $60 million. → Read More
Alcatel-Lucent is releasing a methodology for APIs that it is making available through Creative Commons. It is part of a new consulting practice the telecommunications company has established to help its service partners and enterprise customers develop, deploy and maintain APIs.
Alcatel-Lucent has made APIs a focal aspect of its business by offering them to carriers and other service… → Read More