Intel Boosts Software, Services Play
Intel has added Web services management muscle to its arsenal by acquiring Mashery, a San Francisco-based startup focused on API management. Intel confirmed the acquisition in a statement to CRN. Terms of the deal were not disclosed, but Intel said the acquisition is expected to close sometime during the current quarter. Mashery specializes in API management and offers a SaaS-based platform that helps businesses craft APIs to attract developers; the platform includes reporting analytics, a dedicated developer portal and an API control center. Some of Mashery's notable clients include Best Buy, Comcast, Coca-Cola Enterprises and The New York Times.
"This acquisition is the next step in building an integrated Intel suite of services (cloud services, digital store fronts, location services, network services and security)," Intel's statement read. "Mashery brings technology and expertise in the management and exposure of enterprise APIs. Mashery's expertise in key verticals will enable Intel to further provide user experiences enhanced by service capabilities."