eBay Acquired Magento For Over $180 Million – But Not Everyone Is Smiling

Earlier this month, eBay acquired Magento , developer of an open-source e-commerce platform . Terms of the deal were not disclosed , but we’ve heard from multiple sources that the ecommerce and digital payments giant paid north of $180 million for the company, which will become one of the pillars of eBay’s new X.commerce group (alongside PayPal, Milo and RedLaser). Apart from the purchase price …

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