Via a blog post earlier today, Google announced that it has entered into an agreement to acquire Apigee, an API management platform. The company went public last year and has worked with clients such as Walgreens, AT&T, Bechtel, Burberry, First Data, and Live Nation. Google will shell out $625 million for the company, slightly higher than Apigee’s market cap yesterday of $498 million…

Today, we’re excited to announce that Google has entered into a definitive agreement to acquire Apigee, a provider of application programming interface (API) management. APIs — the mechanism developers use to interface and integrate with outside apps and services — are vital for how business gets done today in the fast-growing digital and mobile marketplace. They’re the hubs through which companies, partners and customers interact, whether it’s a small business applying online for a loan or a point of sale system sending your warranty information to the manufacturer.

This move allows Apigee’s established skill in the API management space and its strong customer base come under Google’s roof, and it also gives Google a huge customer of Amazon’s Web Services as well. Apigee will be added to Google’s Cloud platform which will allow customers to access, implement, and publish APIs with ease.

“The addition of Apigee’s API solutions to Google cloud will accelerate our customers’ move to supporting their businesses with high quality digital interactions. Apigee will make it much easier for the requisite APIs to be implemented and published with excellence,” said Diane Greene, Google’s cloud business SVP, in the blog post.

FTC: We use income earning auto affiliate links. More.

Check out 9to5Google on YouTube for more news:

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Ben Schoon

Ben is a writer and video producer for 9to5Google.

Find him on Twitter @NexusBen. Send tips to schoon@9to5g.com or encrypted to benschoon@protonmail.com.