“Well Done is Better than Well Said” That’s true! After we decided to go to the e-commerce market, we had a new goal: We want to be the best Magento development agency in Saudi Arabia and the Gulf. To meet this goal, we hired specialized developers, but we had an important choice which e-commerce platform Will we specialize? We chose Magneto platform. We can help you with Magento web development process.
What is Magento?
Magento is an e-commerce content management system that currently sits on the Marketplace of eCommerce as the world’s number 1 platform. According to statistics on its official website, More than 200,000 retailers around the world use Magento And more than 208,286 sites currently use it as a platform to manage their online store. Magento deals with more than 100 billion dollars of goods. Largest retailers and global brands use Magento e.g. Adidas, Samsung, Nike and more. This is what made Magento number one.
Recently, Adobe announced its acquisition of Magento in a deal of 1.68 billion $ on May 21st this year.
This acquisition wasn’t the first, Magento Inc. was founded in 2008, then the eBay company purchased it in 2011 in an agreement reached 180 million US dollars, then Magento returned as an independent company in 2015 with financial support from Permira Investment Corporation. In a deal worth $ 200 million and lastly In May of this year, Adobe acquired Magento.