CONSHOHOCKEN, PA — Boomi™ has announced the acquisition of APIIDA’s federated API management business and specific API management assets from Cloud Software Group. These acquisitions aim to simplify and secure the delivery of API products for enterprises, providing an integrated solution to address the challenges of API sprawl and operational complexities in modern IT infrastructures.
APIs, or Application Programming Interfaces, are essential components of digital business ecosystems, enabling software applications to communicate with each other. With the rapid adoption of cloud services and the growth of APIs, managing these interfaces has become a critical concern for businesses seeking agility and competitive advantage.
Boomi’s CEO, Steve Lucas, emphasized the importance of APIs in today’s digital landscape and highlighted how the acquisitions would alleviate the burdens of traditional IT infrastructures. By integrating APIIDA’s federated API management and assets from Cloud Software Group, Boomi intends to offer an enterprise-grade solution that streamlines the provisioning, discovery, security, and scaling of APIs within a unified platform.
APIIDA’s solution, recognized for its leadership in federated API management, provides a central control plane for enterprises to manage APIs across various gateways and vendors. This approach enables a cohesive management and governance model for the entire API lifecycle, ensuring consistent consumer experiences and reducing the complexity associated with managing multiple API gateways.
The benefits of federated API management include simplified access to APIs, regardless of where they are hosted, enhanced innovation through a centralized API catalog for developers, and improved security and governance over API usage. Jaime Ryan, Vice President of Product, API Management at Boomi, stressed the inefficiency and risk of traditional, fragmented API management practices. He argued that federated API management offers a more efficient, visible, and collaborative environment for digital transformation efforts.
Additionally, the inclusion of assets from Cloud Software Group will allow Boomi to meet the high-performance and security demands of enterprise customers in various industries, including travel, retail, technology, finance, and healthcare. This acquisition reinforces Boomi’s commitment to supporting large-scale API management needs with enterprise-grade scalability and security.
By consolidating API management under a single, robust platform, Boomi aims to empower enterprises to harness the full potential of their digital resources, fostering innovation and driving business value in an increasingly interconnected world.
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