Google Completes Acquisition of Apigee Corporation
10 November 2016 - 2:54PM
Apigee Corporation (NASDAQ:APIC) today announced the completion of
the previously announced acquisition by Google. Under the
terms of the definitive agreement for the acquisition, Apigee
stockholders will receive $17.40 per share in cash, for a total
value of approximately $625 million. As a result of the
completed acquisition, Apigee’s common stock will cease trading on
the Nasdaq Global Select Market.
About ApigeeApigee® (NASDAQ:APIC) provides a
leading API platform. Many of the world's largest organizations
select Apigee to enable their digital business. Apigee customers
include global enterprises such as Walgreens, Burberry,
Morningstar, and First Data. For more information, go to
http://apigee.com.
Apigee is a registered trademark in the U.S. All other
trademarks mentioned herein are property of their respective
owners.
Press Contact:
press@apigee.com
Investor Contact:
options@apigee.com
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