Red Hat to Acquire API Management Leader 3scale
Accelerates digital transformation with API driven hybrid-cloud architectures
RALEIGH, N.C.– JUNE 22, 2016– Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that it has signed a definitive agreement to acquire 3scale, a leading provider of application programming interface (API) management technology. By adding 3scale to its existing portfolio, including Red Hat JBoss Middleware, Red Hat OpenShift and Red Hat Mobile Application Platform, Red Hat strengthens its enablement of the API economy with simplified cloud integration and microservices-based architectures.
In an era of digital transformation, agile development practices, and hybrid technology footprints, the API economy has become the norm. Forrester has estimated that 40 percent of U.S. companies will have API management solutions in 2020, spending $660 million in that year. Managed APIs are becoming strategic in the enterprise because they enable organizations to rapidly deliver new services that are easy to consume yet secure, scalable, and reliable, as well as enabling services (as APIs) to be monetized as products. Emerging architectures that decompose functionality into ever more finely-grained components–”microservices”–driven by mobile, the Internet of Things (IoT), and other trends, have further heightened the need for API management.
3scale was founded in 2007 with a goal of enabling organizations of all sizes to successfully create, manage, and use APIs in a web-enabled world where APIs became paramount. Today, 3scale offers a hybrid cloud based API management platform, which separates the cloud management layer from the API gateway, providing customers with flexibility, performance, and scale. 3scale provides this API management platform within a self-service model at more than 700 organizations across multiple industries, including Campbell’s Soup; Cartera Commerce; CrunchBase; Johnson Controls; Oxford University Press; SITA; and the University of California, Berkeley. 3scale has offices in Barcelona and San Francisco.
3scale and Red Hat began partnering in early 2015 to deliver a comprehensive platform for API-based application development. The joint solution combined the 3scale API Management Platform with technologies from Red Hat JBoss Middleware, Red Hat OpenShift and Red Hat Mobile Application Platform to provide an API-centric development, deployment, and management offering designed to accelerate application time-to-market. Red Hat JBoss Middleware customers will benefit from the hybrid-cloud capabilities from 3scale for modern architectures. Mobile application development in particular is highly API-centric and 3scale’s platform combined with the Red Hat Mobile Application Platform can lead to development and management simplicity at massive scales.
Most recently, 3scale introduced a containerized version of their API Gateway for Red Hat OpenShift, enabling users to easily and consistently create applications with microservices distributed across diverse, hybrid environments. The combined power of Red Hat’s container application platform and 3scale’s API management capabilities enables customers to simplify and automate tasks, helping reduce errors while increasing flexibility and control.
Red Hat has provided enterprises with leading open source platforms for building modern applications, integration and automation solutions. With the addition of 3scale’s API management solutions, and its existing middleware, container application platform, and mobile offerings, Red Hat can further simplify and accelerate customers’ digital strategies and accelerate time-to-market for API initiatives, and enable enterprises to innovate faster, in a smarter way.
About Red Hat, Inc.
Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.