Google Completes Previously Announced Acquisition of Apigee Corporation (APIC)

November 10, 2016 8:56 AM EST

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Apigee Corporation (NASDAQ: APIC) today announced the completion of the previously announced acquisition by Google (NASDAQ: GOOGL). Under the terms of the definitive agreement for the acquisition, Apigee stockholders will receive $17.40 per share in cash, for a total value of approximately $625 million. As a result of the completed acquisition, Apigeeā€™s common stock will cease trading on the Nasdaq Global Select Market.



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