Palo Alto, CA – June 27, 2016
Woodside Capital Partners (WCP) proudly announces that Red Hat has acquired our client 3scale. WCP served as 3scale’s exclusive sell-side advisor throughout the transaction, which closed on June 24th, 2016. Given 3scale’s position as a leader in providing API management technology, the acquisition enhances Red Hat’s ability to enable the API economy with simplified cloud integration and micro-services-based architectures.
Separately, WCP research analyst Ed Bierdeman will attend the 2016 Red Hat Summit in San Francisco between June 27th and 30th.
About 3scale
3scale makes it easy to open, secure, distribute, control and monetize APIs. Powerful, secure and Web scalable, 3scale is the API Management Platform built with performance, customer control and excellent time-to-value in mind. Powering more than 700 customer APIs, 3scale enables distribution of company data, content or services to multiple devices or mobile/Web applications, and makes it easy to productize APIs. No other solution gives API providers so much power, ease and flexibility in such a cost effective way. Customers span the Fortune 500, government, academia and startups, including Coldwell Banker, Johnson Controls, SITA, CrunchBase, UC Berkeley and Campbell’s Soup. 3scale also powers the API Strategy & Practice Conference and APIs.io, the first open source API search engine. Unlock the power of your APIs with www.3scale.net.
About Red Hat
Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.
About Woodside Capital Partners
Woodside Capital Partners is a global, independent investment bank that delivers world-class strategic and financial advice to emerging growth companies in the technology sectors, as well as institutional technology research services marketed as techView. With a strong track record in M&A, strategic partnerships and private placements, Woodside Capital Partners has been providing worldwide investment banking services since 2001 with leading domain experience in software, Internet services, electronic communications and materials. Securities transactions are offered through Woodside Capital Securities LLC, a registered broker-dealer and member of FINRA (www.finra.org) and SIPC (www.sipc.org), and through Woodside Capital Partners UK LLP, a financial services firm authorized and regulated by the FSA (www.fsa.gov.uk). Woodside Capital Partners International LLC, Woodside Capital Securities LLC, and Woodside Capital Partners UK LLP are affiliated companies. More info is available at www.woodsidecap.com.
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Press Inquiries:
Tricia Salinero, Partner
Woodside Capital Partners
[email protected]