Adobe will buy the e-commerce firm Magento Commerce for $ 1.68 billion



Adobe Systems Inc., the oldest software business statistician behind Photoshop photo editing software and PDF reader, is buying the Magento Commerce e-commerce firm for $ 1.68 billion, adding a key piece to your platform.

The acquisition – which would put Adobe on par with Salesforce.com presents a revenue opportunity of about $ 13 billion, Brad Rencher, executive vice president of digital experience at Adobe, said in a conference call Monday, citing estimates of market research firms.

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