• Wall Street: Adobe's $1.8 billion Magento acquisition is a 'sensible extension' to help beat Salesforce

    28 days ago - By Business Insider

    Wall Street responded favorably Monday to Adobe's plans to acquire the e-commerce platform Magento for $1.68 billion.
    Analysts called it a "sensible extension" into digital commerce for Adobe, and "the best option" to help Adobe compete with rivals like Salesforce in commerce.
    Wall Street responded favorably on Monday following Adobe's announcement that it plans to acquire the privately-held e-commerce platform Magento for $1.68 billion.
    Adobe shares popped a slight 0.68% in after hours trading, though analyst notes remained positive on the news.
    "Overall, we view the acquisition as a...
    Read more ...

     

  • Wall Street: Adobe's $1.8 billion Magento acquisition is a 'sensible extension' to help beat Salesforce

    Wall Street: Adobe's $1.8 billion Magento acquisition is a 'sensible extension' to help beat Salesforce

    28 days ago - By Business Insider

    Wall Street responded favorably Monday to Adobe's plans to acquire the e-commerce platform Magento for $1.68 billion.
    Analysts called it a "sensible extension" into digital commerce for Adobe, and "the best option" to help Adobe compete with rivals like Salesforce in commerce.
    Wall Street responded favorably on Monday following Adobe's announcement that it plans to acquire the privately-held e-commerce platform Magento for $1.68 billion.
    Adobe shares popped a slight 0.68% in after hours trading, though analyst notes remained positive on the news.
    "Overall, we view the acquisition as a...
    Read more ...