Alphabet acquired Apigee for ~$625M, a transaction completed in November 2016, structured as cash — $17.40 per share.
Apigee operates in Cloud / API management, is based in San Jose, California, USA. Apigee provides a leading API management platform that lets enterprises design, secure, deploy, monitor, and scale APIs across cloud and on-premises environments. Google acquired the publicly traded company to give Google Cloud enterprise-grade API management, a key building block for digital transformation and multi-cloud strategies.
Add enterprise API management to Google Cloud to serve digital-transformation customers.
Advisory firms were not disclosed for this transaction.