WSO2 Acquires API Analytics Startup Moesif to Enhance Digital Offerings

WSO2, a leader in enterprise digital infrastructure technology, has announced its acquisition of Moesif, a San Francisco-based startup known for its advanced API analytics and monetization capabilities. This all-cash deal is a key milestone in WSO2’s strategic roadmap aimed at accelerating global growth through targeted acquisitions.

Credit: UAE News 24/7

Moesif will continue to operate as an independent subsidiary within WSO2’s API Management Business Unit. The Moesif brand and its existing product offerings will be preserved, with the current leadership and team remaining in place to drive business and customer growth worldwide. Customers of Moesif can expect the same level of service while enjoying the benefits of WSO2’s global reach and enhanced product suite.

Dr. Sanjiva Weerawarana, founder and CEO of WSO2, emphasized the importance of this acquisition, stating, “This acquisition is a first step in our strategy to establish WSO2 as a global technology leader through select inorganic opportunities.” He noted that Moesif’s leading capabilities in API analytics and monetization are crucial for digital businesses today, highlighting WSO2’s commitment to exploring further opportunities to enhance enterprise digital experiences.

The acquisition is set to strengthen WSO2’s position in the API management sector by integrating Moesif’s best-in-class analytics and monetization tools. These tools will help businesses optimize and generate revenue from their APIs, creating a synergy that benefits both WSO2 and Moesif’s customer bases.

Derric Gilling, founder and CEO of Moesif, shared his thoughts on the acquisition, stating that joining WSO2 is a logical progression for Moesif. He expressed a shared commitment to empowering developers and businesses to create impactful digital experiences, assuring customers that Moesif will continue to innovate and expand its reach globally as part of WSO2.

WSO2 customers will soon have access to Moesif’s capabilities as part of an enhanced product suite, while Moesif customers will benefit from WSO2’s extensive support network and additional services.

Advertisement

Founded in 2005, WSO2 is recognized as the largest independent software vendor providing open-source solutions for API management, integration, and identity and access management. The company operates in over 90 countries, employs more than 800 people globally, and generates over USD100 million in annual recurring revenue. Moesif, established in 2017, serves a variety of industries and boasts notable clients like UPS and UK Royal Mail.

Leave a Reply

Your email address will not be published.