Axway Inc. acquired Appcelerator Inc. from a group of sellers in cash on January 14, 2016. The group of sellers included EDB Investments Pte. Ltd., Mayfield Fund, Red Hat, Inc. (NYSE:RHT), Rembrandt Venture Partners Fund Two, L.P. managed by Rembrandt Venture Partners, Storm Ventures LLC, Union Grove Venture Partners, Sierra Ventures, Presidio STX, LLC and TransLink Capital. Jeff Haynie and Nolan will stay with Appcelerator with Jeff Haynie reporting directly to Jean-Marc, Chief Executive Officer of Axway. Appcelerator's development team will remain intact. Oppenheimer & Co. Inc. acted as financial advisor and Osborne Mallon acted as legal advisor for Axway. O'Melveny & Myers LLP acted as legal advisor for Appcelerator, Mayfield Fund, Rembrandt Venture Capital and other investors.

Axway Inc. completed the acquisition of Appcelerator Inc. from a group of sellers on January 14, 2016.