Google to buy software company for $625M

Posted online September 9, 2016 | 11:35 am

Alphabet Inc.’s Google agreed to buy software company Apigee Corp. for $625 million.

Apigee is known for application programming interfaces, which are critical in modern commerce. They serve as the conduit for automated communication between companies’ digital systems and their partners and customers.

With the acquisition, Google will be able up its offerings to corporate clients.

Read more from The Wall Street Journal.

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