Axway Buys Appcelerator

A large but little-known company called company called Axway has acquired development tool vendor Appcelerator, which is best known for its Titanium mobile development platform. The companies did not disclose the purchase price.

Axway sells enterprise data management software and services. The two companies have some shared customers, but do not sell any of the same products. ?One of the nice things about this marriage is that there is zero overlap,? said Appcelerator CEO and co-founder Jeff Haynie. ?They have nothing in mobility and APIs in the way we do.?

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