Adobe Will Buy Ecom Platform Magento For $1.68B
Adobe said Monday it will buy the ecommerce platform Magento for $1.68 billion. Magento’s 2017 revenue was $150 million, and the deal is expected to close by the end of August. Ecommerce has long been a big hole in Adobe’s tech, even as competitors spent heavily to acquire Magento’s competitors. SAP has owned hybris since […]
