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Enterprise Information Roundup, Might 22

Acquisitions

Adobe Techniques

to purchase Magento

Adobe Techniques agreed to purchase e-commerce firm Magento for $1.68 billion, in a bid to seize an even bigger slice of the digital-commerce business.

The Photoshop software program supplier is making its third-biggest acquisition to create an end-to-end system for designing digital advertisements, constructing e-commerce websites and different on-line experiences and finishing transactions, the San Jose firm mentioned Monday.

Magento presents software program to construct and run internet shops, deal with on-line purchases, transport and returns.

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