eBay buys remainder of Magento eCommerce Shares

FYI, a recent news article about eBay buying the remainder of Magento eCommerce Shares: According to InfoWorld, the deal is expected to close in this year’s third quarter. The plan is for Magento to remain in Los Angeles and continue supporting its partners and customers, as well as keep developing its product roadmap, while leveraging eBay’s additional resources and helping eBay develop X.Commerce. Magento’s platform is designed to be modular and flexible, so that e-commerce developers can have more control over how they build their online stores than if they use software whose source code can’t be modified. Read more here >>