Adobe Are the New Owners of Magento

Adobe has just purchased Magento for $1.68 billion.

This deal is not a big surprise. People were predicting it a couple years ago, when Magento started partnering with Adobe. Karen Baker, a figurehead in the Magneto Community, wrote that the community had been expecting something like this.

This also isn’t the first time Magento has been sold. Back in 2011, Magento was sold to eBay. That deal is generally considered to be a failure, and eBay sold Magento in 2015. Hopefully, Adobe will turn out to be better owners of Magento than eBay. 

Let’s look at this deal from several angles …

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