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The more you indulge in Magento development and customization, your online store becomes search friendlier. What make it one of the most popular and preferred open source web applications are its constantly discovered new tricks and amazing writing extensions. Right from its first stable release, Magento has been one of the leading e-commerce solutions for your web-based storefront.



The app, used to create films and video games, works exclusively on the PC-based Oculus Rift headset.  Oculus Medium operated separately from Facebook, which pumped large amounts of funding into the app that allows users to sculpt, model and paint in an immersive environment.



This compares with analysts' estimate of a revenue of $2.22 billion and adjusted earnings of $1.61 per share. The maker of image-editing software Photoshop said it expects third-quarter revenue of $2.24 billion and adjusted earnings of $1.68 per share.



"Magento has grown its customer-base and enterprise cloud business as a result of key investments in technology, marketing, client success, sales management and the open-source community ecosystem," Phil Guinand, partner at Permira, said in a statement.

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May 21 (Reuters) - Adobe Systems Inc said on Monday it would buy e-commerce seo services bournemouth provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade.

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Analysts said the deal gave Adobe, best known for photo-editing suite Photoshop and PDF reader Acrobat, greater exposure to the digital commerce industry and posed a threat to Shopify's "Plus" larger-scale enterprise solutions.

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