CA Technologies signs Pact for Layer 7 Acquisition

CA Technologies has announced that it has signed an agreement to acquire Layer 7 Technologies. This agreement will also enable both the organizations to manage and secure APIs in a better way and deliver the cloud, mobile and composite applications more quickly.
 
Mike Denning, Security General Manager, CA Technologies, said, "The addition of Layer 7 and the synergy across our technologies will improve how we securely support organizations in their cloud, mobile and 'Internet of Things' initiatives. We use APIs every day, whether accessing flight data from our mobile device, using Google Maps from a hotel website or making payments online. Without API security and management, thousands of business services are vulnerable to disruption."

Paul Rochester, CEO, Layer 7, stated, "The API-driven economy has exploded, driven by today's cloud, mobile and complex composite applications for business services. The combination of CA Technologies and Layer 7 is the best option for enterprises to successfully and securely leverage all the business benefits APIs can offer."
 
According to this procurement, organizations will be able to securely enable strategic cloud, mobile and "Internet of Things" initiatives through API security and management; expand the network of API developers by offering a convenient API development platform; accelerate service delivery and profitability by externalizing and monetizing existing application assets that are securely offered via APIs and govern the API activity in order to enforce SLAs, improve operational performance and monetize Big Data transactions.