TBP Spotlight – Adobe Acquires Magento
Adobe Acquires Magento Deal Financials Transaction Overview On May 21, 2018, Adobe announced its acquisition of Magento, a former private equity-backed B2C e-commerce software provider. The transaction signifies Adobe’s expansion outside of its successful digital media offering and into e-commerce. This concludes Adobe’s multi-year hunt for an e-commerce platform – Adobe was rumored to have…