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Meta SaaS joins Flexera!

We've just joined Flexera, the global SAM leader! Flexera is changing the game for companies everywhere. They’re finally demanding more from their technology assets and suppliers. They expect – and deserve – faster time to value, more complete solutions and trustworthy data to drive better business outcomes. By teaming up with Flexera, we're now one company strong, helping you manage all your technology assets-- from SaaS, software in the cloud and cloud infrastructure, to IoT, on premises and datacenter.

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An Acquisition for Acquisitions: Adobe Buys Magento Commerce

Hello everyone! For those in the US, hope you're all having a relaxing Memorial Day. Last week Adobe dropped the hammer on the digital world by acquiring Magento - an open-source eCommerce platform - for nearly $2 billion. Despite starting as an eBay spinout, Magento has become a robust business of its own - raising over $250 in venture and private equity cash. As we've covered before, Adobe has aggressively shifted to a subscription/SaaS based business - and their Experience Cloud is a key pillar of that initiative. The Experience Cloud helps enterprises build websites and analyze marketing campaigns but, to date, hasn't had a solution for online transactions. With the Magento acquisition, Adobe hopes they'll be able to close that loop - and keep it in the race with Salesforce, which acquired Demandware 2 years ago.

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The SaaS Industry Insider Newsletter is delivered every Monday morning by the editorial team at Meta SaaS.

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