Magento

Emerging

Adobe (NASDAQ: ADBE) Commerce enterprise e-commerce acquired from Magento for $1.68B powering 95K+ stores including Nike, Ford, Coca-Cola; open-source heritage with Experience Cloud integration competing with Salesforce Commerce Cloud and Shopify Plus.

Acquired byAdobe
Updated March 2026

Company Overview

About Magento

Adobe Commerce (formerly Magento) is the enterprise e-commerce platform owned by Adobe Inc. (NASDAQ: ADBE) — acquired for $1.68 billion in 2018 — providing mid-market and enterprise retailers, B2B companies, and global brands with a highly customizable, feature-rich e-commerce platform that powers 95,000+ online stores globally including Coca-Cola, Ford, Nike, Canon, and Christian Louboutin. Available in two editions: Magento Open Source (free, community-supported, self-hosted) retaining the original open-source distribution that built Magento's developer community since its 2007 founding in Los Angeles; and Adobe Commerce (enterprise SaaS and cloud, paid licensing with Adobe support, Adobe Experience Cloud integration). Adobe Commerce holds approximately 2.7% market share among the top 1 million e-commerce sites globally (2024), representing a significant installed base of major retailer deployments.

Business Model & Competitive Advantage

Adobe Commerce's enterprise e-commerce architecture provides the deep customization capability that brands with complex commerce requirements need — elaborate product catalog structures (configurable products, bundle products, grouped products), multi-store management (running multiple storefronts for different brands, regions, or customer segments from a single backend), B2B commerce features (company accounts, custom price lists, purchase order workflows, quote management), and the extensive extension ecosystem (Magento Marketplace, 3,000+ extensions) for specialized functionality. The Adobe Experience Cloud integration (connecting Adobe Commerce with Adobe Analytics, Adobe Target, Adobe Campaign, and Adobe Real-Time CDP) provides the personalization and analytics infrastructure that enterprise marketers use to deliver customized shopping experiences across web, mobile, and in-store channels. The PWA Studio (Progressive Web App tooling for mobile-first storefront development) enables the modern frontend architectures that enterprise retailers deploy for performance-optimized mobile shopping.

Competitive Landscape 2025–2026

In 2025, Adobe Commerce (NASDAQ: ADBE) competes in the enterprise e-commerce platform and digital commerce market with Salesforce Commerce Cloud (NYSE: CRM, enterprise commerce on Salesforce), Shopify Plus (NYSE: SHOP, enterprise tier of Shopify for large merchants), and SAP Commerce Cloud (ETR: SAP, integrated with SAP ERP) for enterprise and mid-market e-commerce platform selection. Adobe Commerce's open-source heritage (Magento's large developer community, abundance of agencies and system integrators with Magento expertise) provides implementation flexibility that proprietary platforms can't match — thousands of certified solution partners globally can implement and customize Adobe Commerce for complex enterprise requirements. The 2025 strategy focuses on Adobe Commerce as the headless commerce backbone for Adobe Experience Cloud customers (using Commerce as the order management and product catalog backend while decoupling the frontend with Next.js or similar frameworks), growing the B2B commerce segment for manufacturer and distributor digital transformation, and leveraging Adobe Firefly AI for dynamic product content generation in commerce workflows.

Revenue
$1680M
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Key Differentiators

Emerging Innovator

Magento is an emerging player bringing innovative solutions to the E-commerce market.

Enterprise Scale

With $1680M in revenue, Magento operates at enterprise scale with proven market validation.

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