Red Hat acquires API management company 3scale, will open-source the code

Red Hat today announced that it’s acquiring 3scale, a company with software for managing the use of application programming interfaces (APIs) that companies can expose for other developers to use.
The deal is not material to Red Hat, although the publicly traded open source software vendor said that GAAP operating expenses will go up by $7 million in the 2017 fiscal year, according to a statement.
Red Hat intends to ship an on-premises version of 3scale in addition to the existing cloud se