Adobe to Acquire Magento
Adobe to Acquire Magento
I am excited to share some BIG news.
Today, Adobe announced their intent to acquire Magento!
This marks the next step in our journey to drive innovation across every facet of commerce.
As Content + Commerce capabilities have become inextricably linked, commerce plays a more integral part of the consumer experience than ever before.
With Magento’s position as the world’s most popular commerce platform and Adobe’s leadership in designing and delivering great digital experiences, we will enable every business to create and deliver compelling real-time experiences, engage with customers across every touchpoint, and transact anywhere across the entire customer journey for both B2C and B2B.
We stand at the forefront of a tremendous opportunity:
- To offer even greater value to customers, partners and developers across their commerce investment
- To accelerate our product roadmap enabled by the breadth and depth of Adobe’s product capabilities and cloud technology
- To tap Adobe’s global operational scale to accelerate our penetration into new verticals and geographies
- To harness the creative passion of our Community towards our mission of using technology to connect and empower people
With Adobe, we share a cultural focus on empowerment, creativity, extensibility, collaboration, contribution and inclusion. This is one of our greatest strengths that we will take forward to every interaction we have with our customers, partners and loyal community members.
Our respective communities are the heart and soul of who we are, and bringing them together will create a diverse and global network of developers, designers, and innovators like no other. Together, we’ll deepen our commitment to open, developer-driven experiences and we’ll empower our communities to apply their ingenuity to create more compelling experiences across the customer journey.
The acquisition is expected to close in the Adobe fiscal third quarter, subject to regulatory approvals and other customary closing conditions.
As a Magento team, we’ve made tremendous progress in helping companies realize their commerce visions and become leaders in their industries. But together, we’re making a giant step forward in taking that vision even further.
Thank you for your trust, commitment and dedication to continually pushing Magento to new heights! Our future together with Adobe is unlimited.
Mark Lavelle, CEO, Magento Commerce.