Adobe acquires Magento for $1.7B

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Private equity firm Permira Holdings LLP sells it's asset, Magento, to Adobe for $1.7B. BlackPines Capital, lead by CEO Darren Huston, was a key strategic partner leading up to the sale.

Read : https://www.blackpinescapital.com/news/2018/8/6/adobe-acquires-magento-for-17b

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