Shopify slumps after Adobe announces acquisition of e-commerce rival Magento - CNBC

Shopify slumps after Adobe announces acquisition of e-commerce rival Magento - CNBC

Wall Street Journal

Shopify slumps after Adobe announces acquisition of e-commerce rival Magento CNBC Shares of e-commerce platform Shopify plunged as much as 5 percent after Adobe announced the acquisition of rival e-commerce platform Magento Commerce. Adobe said on Monday that it's paying $1.68 billion for Magento. Magento is a cloud-based ... Adobe to Buy E-Commerce Firm Magento Commerce for $1.68 BillionWall Street Journal Adobe Buys Magento for $1.68 Billion to Target E-CommerceBloomberg Adobe acquires ecommerce CMS Magento for $1.68 billionTNW Investor's Business Daily -Los Angeles Times -Business Insider -Adobe Newsroom all 43 news articles »