Magento Commerce Acquired By Adobe For $1.68 Billion
MAY 21, 2018
Culver City-based Magento Commerce , which develops e-commerce software, has been acquired by San Jose-based Adobe , in a deal worth $1.68 According to the two, the Magneto Commerce Cloud will be integrated into Adobe's Experience Cloud platform. magento commerce adobe merger acquisition software ecommercebillion, the two said on Monday. Adobe said Magento CEO Mark Lavelle will continue to lead Magento's team. READ MORE>>.