Adobe is a world leader in the design and delivery of digital experiences. The core of every great experience is content and data, which allows consumers to experience relevant, personal, intuitive experiences. Commerce is indispensable for the customer experience – whether on the web, mobile, social, in-store or in-store. Adding commerce to the Adobe Experimental Cloud allows our customers to create individual moments and any shopping experience.
Adobe acquired Magento Commerce platform.
SAN JOSE, Calif. – Adobe (Nasdaq: ADBE) today announced the completion of the acquisition of Magento Commerce, a leading commercial platform in the market. Adding Magento Commerce Cloud to the Adobe Cloud Experience provides an end-to-end digital experience platform, including content creation, marketing, advertising, analysis and commercialization for B2B and B2C customers. The Magento platform brings together digital commerce, order management, and predictive intelligence to enable a shopping experience of scale for businesses of all sizes.
Magento Commerce Cloud carries digital commerce and ordering for both physical and digital goods in a variety of industries, including consumer packaging, retail, wholesale, manufacturing and public sector. . The Magento platform is built on proven, scalable technology backed by a vibrant community of more than 300,000 developers. The Magento Partner Ecosystem offers thousands of pre-made extensions, including payments, shipping, taxes, and logistics. This flexibility allows businesses to rapidly expand and repeat their commercial experience with their changing business needs.
“In every field, people not only buy the product, they are buying experience,” said Brad Rencher, executive vice president and general manager, Digital Experience, Adobe. “Adobe is a leader in providing end-to-end digital experiences and with Magento Commerce, Adobe will continue to consolidate its leadership.”
“Digital converts start with a spark of creativity or specific business needs and come to life with the best technology in the classroom,” said Mark Lavelle, CEO, Magento. “As part of Adobe, we see a tremendous business opportunity to foster commerce-oriented experiences for brands and merchants of all sizes.”
With the acquisition now closed, Magento Commerce CEO Mark Lavelle will lead the Magento Commerce Cloud business, reporting vice president of operations and general manager of Adobe’s experienced digital business unit, Brad Rencher.
Introduction to Adobe Experience Cloud
Adobe Experience Cloud is a comprehensive suite of cloud services designed to provide businesses with everything needed to deliver a unique customer experience. Includes Adobe Marketing Cloud, Adobe Advertising Cloud, and Adobe Analytics Cloud. Adobe Experience Cloud is built on the Adobe Cloud platform and is integrated with Creative Cloud and Adobe Document Cloud. Taking advantage of Adobe Sensei’s artificial intelligence and learning capabilities, Adobe Experience Cloud combines world-class solutions, a full-fledged platform, comprehensive data and content systems, and ecosystems. Strongly provide unmatched expertise in distribution experience.
About Magento Commerce
Magento Commerce is a leading provider of cloud commerce innovations for merchants and brands across the B2C and B2B industries and was recently named the leader in Gartner’s Magic Quadrant 2018 for Merchants. Digital. In addition to its flagship digital commerce platform, Magento Commerce boasts a robust portfolio of multi-channel cloud-based solutions that enable sellers to seamlessly integrate their technical procurement experience. the number and physical. Magento Commerce is the No.1 provider for leading Internet retailers on the Internet 1000, B2B 300 and 500 top guides for Europe and Latin America. Magento Commerce is backed by a vast network of technology partners and global solutions, a dynamic global developer community and the largest eCommerce marketplace for extensions available for download. down on the Magento Market.
Declaration of Transition Statement
This press release contains forward-looking statements within the meaning of the applicable securities laws. All statements, apart from statements of historical fact, are statements that may be considered forward-looking statements. The forwarding reports relate to future events and future performance and reflect Adobe’s expectation of scalable leadership in the experience gained through the expansion of the trading platform. and other expected benefits of dealing with Magento. Forward-looking statements involve risks, including those related to the business of Adobe and Magento, uncertainties and other factors that may cause actual results to differ materially from those described in this report. What is mentioned in forwarding statements? technology into Adobe Experience Cloud; and any statement of assumptions underlying any of the foregoing. Readers are cautioned not to rely on forward-looking statements. All forward-looking statements are based on information available to Adobe and are fully qualified in its sole discretion. To discuss these and other risks and uncertainties, individuals should refer to Adobe’s SEC filings. Adobe does not undertake any obligation to update any such forwarding notice or other statements included in this press release.