Hogan Lovells advised Adobe in the company’s recently announced acquisition of Magento Commerce, a market-leading commerce platform. The deal, valued at $1.68 billion, will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally.
Adobe is the leader in designing and delivering digital experiences through content and data. Magento brings Adobe Experience Cloud digital commerce enablement and order orchestration for both physical and digital goods across a range of industries, including consumer packaged goods, retail, wholesale, manufacturing and the public sector.
Pending regulatory approval and customary closing conditions, the deal is expected to close later this year in Adobe’s third fiscal quarter.
The Hogan Lovells team advising Adobe was led by Silicon Valley M&A partner Jane Ross, along with San Francisco IPMT partner John Brockland and included senior associate Allison Donovan, and associates Brittany Chiang and Lauren Zachry. Additional support was provided by partners Mike Frank on executive compensation, Jeff Tolin on tax, Scott Loughlin on cybersecurity and privacy, T. Clark Weymouth and Andrew Keller on international trade, and Logan Breed on antitrust.