REDWOOD SHORES, Calif., Jan. 19, 2017 /PRNewswire/ -- Oracle today announced that it has signed an agreement to acquire Apiary, whose pioneering APIFlow solution provides the framework and tools for developing application programming interfaces (APIs) that share enterprise services and data and help create modern, cloud-based applications and experiences.
Apiary has helped companies create hundreds of thousands of APIs and products that their customers and partners love to use. APIFlow spans the API creation lifecycle, including design, governance, testing, and documentation, while supporting API Blueprint and OpenAPI industry standards. Together, Oracle and Apiary will help companies thrive in the digital economy by comprehensively managing connectivity complexity and API proliferation.
"Oracle's API Integration Cloud enables companies to secure, consume, monetize, and analyze APIs," said Amit Zavery, Senior Vice President, Integration Cloud,Oracle. "With Apiary, Oracle will also provide customers advanced capabilities to design and govern API's, allowing companies to manage the entire API lifecycle and deliver integrated applications."
"Oracle customers will have unique access to a comprehensive API management platform providing control and increased agility, enabling them to focus on innovation," said Jakub Nešetřil, Founder and CEO, Apiary. "We are excited to join Oracle and bring even more value to customers as part of Oracle's Integration Cloud."
More information about this announcement is available at www.oracle.com/apiary.
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit oracle.com.
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Oracle is currently reviewing the existing Apiary product roadmap and will be providing guidance to customers in accordance with Oracle's standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle's review of Apiary's product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by Apiary or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain forward-looking statements about Oracle and Apiary, including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of Apiary, anticipated customer benefits and general business outlook. When used in this document, the words "anticipates", "can", "will", "look forward to", "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or Apiary, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or Apiary may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or Apiary. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor Apiary is under any duty to update any of the information in this document.
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