WebCitz Blog

Adobe Acquires Magento

WebCitz wants to let you know that Adobe has acquired Magento. This could be exciting news as Adobe might help push forward faster improvements to the Magento 2 platform that was released a couple years ago. If you have any questions, please let us know so we can provide you feedback. Otherwise, here are two good articles you can read for more information if you find time.

Magento Blog & Tech Crunch

Fun Facts:

  • Magento was started in 2007
  • eBay announced it owned 49% of Magento in 2010
  • eBay acquired 100% of Magento in 2011
  • eBay sold Magento in 2015 to a group of investors
  • Adobe acquires Magento in 2018 (current)

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