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 been a big hole in Adobe’s tech, and competitors have spent heavily to own Magento’s competitors. Two years ago, Salesforce bought DemandwareContinue reading »

The post Adobe Will Buy Ecom Platform Magento For $1.68B appeared first on AdExchanger.