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Google to buy Apigee API management platform for USD 625 mln

2016-09-08 17:00:00| Telecompaper Headlines

(Telecompaper) Google has agreed to acquire Apigee, the developer of an API management platform, for USD 625 million. Google offered USD 17.40 per share for the company, a small premium on its last closing price. Pending approval from Apigee stockholders and regulators, the takeover is expected to close by the end of 2016.

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