Welcome!

@CloudExpo Authors: Yeshim Deniz, Elizabeth White, Zakia Bouachraoui, Pat Romanski, Liz McMillan

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Open Source Cloud, @DXWorldExpo, SDN Journal

@CloudExpo: Article

Intel to Buy API Maven Mashery

It said the Mashery deal would let it develop an integrated suite of services like cloud services

Sometime this quarter Intel expects to close on its just revealed intended purchase of Mashery, a seven-year-old multi-tenant SaaS start-up that manages API technology - APIs being the lingua franca of the Internet.

Intel already has its own Expressway API Manager.

Terms were not disclosed but the rumor is Intel is spending something like $120 million or $180 million on the acquisition.

The ReadWrite Web blog, which says it's covered Mashery closely for some time, figures the "implications of the deal are huge: it signals Intel's recognition that the central processing unit is no longer a silicon chip. It is the network."

And evidently, like IBM, software and services are the place to retreat to. Remember, Intel bought McAfee for $7.7 billion in 2010. Now it's supposedly appealing more to start-ups than the old-line PC houses.

Mashery is seen as giving Intel a more credible position in cloud infrastructure.

Intel said the Mashery deal would let it develop an integrated suite of services like cloud services, digital store fronts, location services, network services and security.

Coincidently the Mashery news broke just as Intel was announcing its new networking software at the Open Networking Summit.

According to CrunchBase Mashery has raised $34.7 million since 2007, some of it from Cisco, which may now find itself in competition with Intel. One of Mashery's many backers is Salesforce CEO Marc Benioff. Its latest valuation was reportedly $60 million.

Mashery claims over 170 top brands as customers including USA Today, Netflix, ESPN, D&B, Expedia, The New York Times, Comcast, Hoover's, Klout, the AP, Coca-Cola and Travelocity, which have used its API securing, exposing, and managing skills to build new revenue channels.

It also claims 200,000 developers who have created something like 44,000 active applications.

Intel will reportedly absorb most of Mashery's 125 people and make them part of its low-profile loss-making Services Division run by Renee James as part of Intel's software interests.

Functionally, Mashery's technology is said to be equivalent to that pioneered by MuleSoft. Its widgetry is also available as an on-premise kit under the name Mashery Local.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


CloudEXPO Stories
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, insiders, government compulsion, and network hackers? Join Ambuj Kumar (CEO, Fortanix) to discuss best practices and technologies for enterprises to securely transition to a multi-cloud hybrid world.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by FTC, CUI/DFARS, EU-GDPR and the underlying National Cybersecurity Framework suggest the need for a ground-up re-thinking of security strategies and compliance actions. This session offers actionable advice based on case studies to demonstrate the impact of security and privacy attributes for the cloud-backed IoT and AI ecosystem.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.