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Magento Wikipedia.
On June 6, 2011, eBay announced that it would be acquiring the rest of Magento, which would join its new X.Commerce initiative. Magento's' CEO and co-founder Roy Rubin wrote on the Magento blog that Magento" will continue to operate out of Los Angeles, with Yoav Kutner and me as its leaders. Yoav Kutner left Magento in April 2012, citing that the vision for Magento had changed since the time of acquisition due to high-level staff changes. As a result of the breakup of eBay following Carl Icahn s raid, Magento was spun out as an independent company by the new owner Permira private equity fund on 3 November 2015. In May 2018 it was announced that Magento would be acquired by Adobe for 1.68bn with a view to integrating it into Adobe Experience Cloud, its Enterprise CMS platform. 16 7 The acquisition was finalized on June 19, 2018. Magento provides two distinct platforms: Magento Open Source previously Magento Community Edition and Magento Commerce; the latter is available in an on-premises version previously Magento Enterprise Edition or as a platform-as-a-service previously Magento Enterprise Cloud Edition.
eCommerce Platforms Best eCommerce Software for Selling Online Magento.
Discover the right eCommerce products for your B2B, B2C or B2B2C business. eCommerce solutions for every website size and type of commerce business. Find the right partner to make your vision reality. Or become a partner. Our eCommerce ecosystem has the tools, support, and inspiration you need to make your commerce site stand out. Powered by Magento. Meet the small business, mid-sized business, and enterprise-level companies who are benefiting from the power and flexibility of Magento on their web stores. We built the eCommerce platform, so you can build your business. See all eCommerce case studies. BAUHAUS chose to upgrade their B2B online operation to Magento Commerce 2.
What is Magento?
Magento is designed to be utilized as an application by someone who isn't' a developer. The Magento community is extremely large and very helpful. However, at some point the average person is going to hit a wall. There are a number of reasons why developers are called upon to adjust a Magento website.

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