EBay spinoff’s value goes from $150 million to $1.68 billion in Adobe buyout – Silicon Valley Business Journal


Silicon Valley Business Journal

EBay spinoff's value goes from $150 million to $1.68 billion in Adobe buyout
Silicon Valley Business Journal
Adobe Systems Inc. has agreed to buy Magento Inc. for $1.68 billion, more than 11 times what the e-commerce platform provider was valued at when eBay Inc. spun it off to private equity investors three years ago. The Campbell-based company was …

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