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Adobe to shell out $1.68 billion for Magento

In one of the biggest deals of the year, Adobe is all set to acquire Magento, an e-commerce company for a whopping $1.68 billion. The move will help Adobe take on competition from Oracle and Salesforce in the highly competitive cloud-based service provider segment. Magento, which is based in California primarily provides software which is […]

The post Adobe to Shell out $1.68 billion for Magento appeared first on BankBazaar News.



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Adobe to shell out $1.68 billion for Magento

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