.
MergerLinks Header Logo

Announced

Kong to acquire Insomnia.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

software development

Private

testing platform

Software

Friendly

United States

Majority

Pending

Acquisition

Single Bidder

Synopsis

Edit

Kong, creators of the leading API and service lifecycle management platform, agreed to acquire Insomnia, a popular open source API testing platform, to expand Kong's portfolio of open source technologies and provide the foundation for the new Kong Studio, an integrated service design and collaboration suite. Financial terms were not disclosed. "Today, we're delivering the industry's first comprehensive platform for full lifecycle service management to make data available anytime, anywhere from design to production, and function as the nervous system for hybrid- and multi-cloud organizations," Augusto Marietti, CEO and co-founder of Kong.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US