Red Hat has signed a definitive agreement to acquire 3scale, a provider of application programming interface (API) management technology. The transaction is expected to close in June 2016, subject to customary closing conditions.
3scale, founded in 2007, offers a hybrid cloud based API management platform, which separates the cloud management layer from the API gateway. 3scale and Red Hat began partnering in early 2015 to deliver a platform for API-based application development.
3scale is used by 700 organizations across multiple industries, including Campbell’s Soup, CrunchBase, Oxford University Press, SITA, and the University of California, Berkeley, according to a statement by Red Hat. The company has offices in Barcelona and San Francisco.
[Image courtesy: 3scale]