June 07, 2011eBay Acquires Magento to Advance its Own E-Commerce Platform By Beecher Tuttle, TMCnet Contributor Online auction site eBay has agreed to acquire e-commerce platform maker Magento. Terms of the deal were not disclosed. Magento is a popular open source e-commerce solution that e...
Ex-Magento CTO And Co-Founder: EBay Doesn't Understand The Meaning Of OpenApril 13, 2012 Last year, eBay (EBAY) acquired Magento, developer of an open-source e-commerce platform for around $180 million. Magento became part of X.commerce, a combined open platform business from eBay and PayPal...