June 7th, 2011

eBay Agrees to Acquire Magento

Category:Magento Community | Posted By Mai Erne at 10:00 AM

Magento is an open source E-commerce platform, which allows merchants complete control over the look, content, and functionality of their online store.  With that being said, eBay Inc and Magento have reached an agreement.

eBay is evolving to become a strategic commerce partner focused on delivering new ways for merchants of all sizes to drive innovation and results. As a centerpiece of this strategy, they are building a global, open commerce platform that leverages the worldwide developer community. And Magento will be at the core of this new open commerce platform, called “X.Commerce.”

Future opportunities will be created and since Hara Partners is a solutions partner, this is great news!

( Visit Magento’s blog for original post)

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