Magento Becomes Part Of eBay Enterprise

Chris CrumeCommerce

Share this Post

eBay announced that it has merged Magento and eBay Enterprise into a single business unit, and will create new opportunities for Magento merchants, partners and developers.

eBay Senior VP for Strategy and Business, Mark Lavelle, is moving over to eBay Enterprise to lead the newly formed Product Strategy organization at the company. He will report to Christopher Saridakis, president of eBay Enterprise.

"This is a game-changer for us," said Saridakis. "We’re going on the offensive, taking the reins of innovation and further positioning eBay Enterprise as an industry leader.”

"By combining the extensive capabilities of our leading organizations, we are bringing the ecommerce technology, multichannel operations and marketing services capabilities of eBay Inc. together under one umbrella," Magento says in a blog post. "Moving forward, retail and brand partners of all sizes will find an unmatched portfolio of offerings that seamlessly deliver integrated commerce solutions to drive their revenue and growth. For Magento, it’s business as usual."

The company isn't offering much more in the way of details about what the future holds just yet, but says we'll be hearing more about it in the coming months.

Image: Magento

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.