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New Deal


Announced

Completed

Postman completed the acquisition of Akita Software.

Financials

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

Tags

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programming interface models

Single Bidder

Software

Acquisition

Domestic

Majority

Private

Completed

Friendly

United States

Synopsis

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Postman, an API platform, completed the acquisition of Akita Software, a company that builds dynamic application programming interface models for software programming and integration. Financial terms were not disclosed. “As Postman has scaled to larger customers, we have seen many enterprises lack insight into all of their APIs. We share a belief with Akita that APIs are the future of software development, and its team has built a solution that allows organizations to bypass the unnecessary complexity that comes with traditional monitoring and observability solutions. We’re excited to welcome Akita to Postman and continue the evolution of the API Platform,” Abhinav Asthana, Postman co-founder and CEO.

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