CA Technologies has signed a definitive agreement to acquire Canadian Application Programming Interface (API) security specialist Layer 7, to bolster its cloud and mobile applications. The deal was announced during the annual CA World conference in Las Vegas.
The cost of the acquisition is currently unknown.
Layer 7 is a private company founded in 2003 and currently employing around 180 people. Despite its small size, its existing customers include Adobe, Xerox, Cisco, NATO and the US Army.
Among other things, the acquisition is expected to result in a convenient API development platform that provides all the tools necessary to discover, publish and test APIs, integrated with the rest of CA’s product family.
“The addition of Layer 7 and the synergy across our technologies will improve how we securely support organisations in their cloud, mobile and ‘Internet of things’ initiatives,” said Mike Denning, general manager of security at CA Technologies.
“We use APIs every day, whether accessing flight data from our mobile device, using Google Maps from a hotel website or making payments online. There are billions of API calls a day and that number is going to increase with the proliferation of smart devices, ranging from vehicles, meters, TVs and other devices, as they start interacting over APIs. Without API security and management, thousands of business services are vulnerable to disruption.”
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