Axway Software (Paris:AXW) (Euronext: AXW.PA) acquired Streamdata.io, a French provider of event-driven API Management software.
The amount of the deal was not disclosed.
Led by Eric Horesnyi, Founder and CEO, Streamdata.io is a software publisher based in France and the United States specializing in real-time data distribution.
The acquisition will enable Axway to further accelerate the execution of its strategy by strengthening both its API Management offer and the technological capabilities of its hybrid integration platform, AMPLIFY™.
In details, Streamdata.io brings two additions, including:
– API management, enabling integration and application leaders to evolve beyond supporting request-response APIs, to now supporting real-time and event-driven use cases, and
– a methodology for the digital transformation journey designed around full lifecycle API adoption and maturity.
Because AMPLIFY™ and its integration capabilities are API-centric, the addition of event-driven API support – coupled with Axway’s investments in service mesh governance – are designed to accelerate customers’ API innovations. This will help enable new business opportunities around “events” triggered from historical MFT or B2B flows as well as IoT, mobile, blockchain and microservices. Streamdata.io’s offerings will benefit from Axway Group’s commercial strength with its portfolio of 11,000 customers around the world.
Axway provides AMPLIFY™, a Hybrid Integration Platform that combines traditional integration patterns with APIs to:
- free data and increase its value;
- speed the discovery, use, and deployment of integrations for new audiences; and
- accelerate digital transformation.
The company’s expertise in API management, B2B integration, content collaboration, and managed file transfer has served data challenges for more than 11,000 organizations in 100 countries.
FinSMEs
21/03/2019