The Big Picture
Why is this acquisition so exciting for all of us? eBay is evolving to become a strategic commerce partner focused on delivering new ways for merchants of all sizes to drive innovation. As a centerpiece of this strategy, they are building a global, open commerce platform that leverages the worldwide developer community. And Magento will be at the core of this new, open commerce platform, called “X.Commerce.”
Magento & eBay
As many of you know, Magento has had a relationship with eBay for some time. In March 2010, eBay became our first outside investor. Over the past year, eBay has gotten to know our platform, our culture, and our community. They have experienced the passion of the Magento ecosystem, and they are eager to harness the power of this ecosystem to create the next generation of eCommerce innovation.