Axway programs Appcelerator acquisition

Jan 19, 2016 • Thierry Heles

Appcelerator, which had raised approximately $91m in funding from investors including eBay, Sumitomo and RedHat, has been acquired in a cash deal of undisclosed size.

US-based mobile app development platform Appcelerator was acquired by enterprise software developer Axway for an undisclosed cash sum yesterday, providing an exit to investors including e-commerce company eBay and software producer RedHat.

Founded in 2006, Appcelerator’s technology enables developers to create cross-platform mobile applications. The company claims its technology helps run apps on more than 350 million devices.

Axway CEO Jean-Marc Lazzaari revealed to Techcrunch that his company will retain Appcelerator’s brands but is considering turning Appcelerator into an innovation…

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