The news is out! On May 21, 2018, Adobe announced their intent to acquire Magento!
This denotes the successive stage in their mission to be a leading and innovative force in every area of business.
eCommerce plays an exceptionally integral role today as it becomes interlaced with Content.
A leading ecommerce platform
Magento is one of the world’s leading ecommerce platform in the world, and Adobe is producing world-class designs and delivering incredible digital experiences. Software which is used by all Webdesigners in the world.
A colossal opportunity
Magento continues to play a leading role in this colossal opportunity. They will:
- Offer even greater value to customers, partners and developers across their commerce investment
- Fast-track their product roadmap propelled by the extensiveness and depth of Adobe’s product capabilities and cloud and hosting technology
- Tap Adobe’s global operational scale to accelerate their infiltration into new horizons and geographies
- Combine creative passion of their Community towards a common mission of using innovation to connect and inspire people
Adobe and Magento share a common cultural which they plan to build through commitment and incorporation.
Communities and international networks
Their respective communities are the substance of their identity and uniting them will make a different more diverse and international network developers, designers, and innovators like no other. Now, they will extend their sense of duty regarding open, developer-driven experiences and they’ll engage their groups to apply their ingenuity to furnish more compelling online customer experience.
The acquisition is expected to close in the Adobe fiscal third quarter, subject to regulatory approvals and other customary closing conditions.
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