Adobe Systems agrees to buy Magento Commerce for $1.68 billion

Adobe Systems Inc. (ADBE) is planning to acquire e-commerce services firm Magento Commerce for $1.68 billion. The closure of the transaction is anticipated to take place in Adobe’s third quarter of 2018. Magento, which was acquired by Permira Holdings in 2015 from eBay, has several clients including Canon. Magento is based in California and is … Continue reading Adobe Systems agrees to buy Magento Commerce for $1.68 billion