Business

SAN JOSE, CA – Adobe (Nasdaq:ADBE) today announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally. The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries.

Adobe is the leader in designing and delivering digital experiences through content and data. At the core of every great experience are content and data, which enable the consistent, personal, intuitive experiences consumers have come to expect. Commerce is also integral to the customer experience. Consumers and businesses now expect every interaction to be shoppable – whether on the web, mobile, social, in-product or in-store.


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. The Magento Platform is built on proven, scalable technology supported by a vibrant community of more than 300,000 developers. The Magento partner ecosystem provides thousands of pre-built extensions, including payment, shipping, tax and logistics. This level of flexibility gives businesses the ability to quickly ramp and iterate their commerce capabilities for their unique business needs.

Current Magento customers include brands like Canon, Helly Hansen, Paul Smith and Rosetta Stone. Adobe and Magento share joint customers including Coca-Cola, Warner Music Group, Nestlé and Cathay Pacific.

“Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” said Brad Rencher, executive vice president and general manager, Digital Experience, Adobe. “Embedding commerce into the Adobe Experience Cloud with Magento enables Adobe to make every moment personal and every experience shoppable.”

“Adobe and Magento share a vision for the future of digital experiences that brings together Adobe’s strength in content and data with Magento’s open commerce innovation,” said Mark Lavelle, CEO, Magento. “We’re excited to join Adobe and believe this will be a great opportunity for our customers, partners and developer community.”

Upon close, Magento CEO Mark Lavelle will continue to lead the Magento team as part of Adobe’s Digital Experience business, reporting to executive vice president and general manager Brad Rencher.

The transaction, which is expected to close during the third quarter of Adobe’s 2018 fiscal year, is subject to regulatory approval and customary closing conditions. Until the transaction closes, each company will continue to operate independently.

About Magento Commerce
Magento Commerce is a leading provider of cloud commerce innovation to merchants and brands across B2C and B2B industries. In addition to its flagship digital commerce platform, Magento Commerce boasts a strong portfolio of cloud-based omnichannel solutions that empower merchants to successfully integrate digital and physical shopping experiences. Magento Commerce is the #1 provider to the Internet Retailer Top 1000, the B2B 300 and the Top 500 Guides for Europe and Latin America. Magento Commerce is supported by a vast global network of solution and technology partners, a highly active global developer community and the largest eCommerce marketplace for extensions available for download on the Magento Marketplace. More information can be found at www.magento.com.

About Adobe
Adobe is changing the world through digital experiences. For more information, visit www.adobe.com

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Hosting has a big impact on your eCommerce business. It affects the experience you can provide to shoppers, how much money you spend on infrastructure, and how easy it will be to grow your store as your business expands. Taking the time to choose eCommerce hosting wisely pays off in the future. You aren’t short of options, but the quality of hosting varies widely between providers. The last thing you want is to choose the wrong hosting provider and then be forced by poor performance and reliability to migrate in a few months. I’m going to talk about a few of the criteria you should keep in mind when assessing eCommerce hosting providers. But before we get to that, I want to address low-cost shared hosting — it isn’t worth the money. eCommerce applications like Magento and WooCommerce are resource hungry and low-cost shared hosting providers are not generous. It is better to spend a few more dollars a month from the start than have to move to a different provider because your hosting…
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NEW YORK, NY – VSS, a private investment firm, today announced its investment in QuadraNet, a full-service data center provider that offers managed services, both private and public cloud solutions, IaaS deployments, and traditional colocation and IP transit services. QuadraNet’s services span across the United States in well-known peering-exchange locations, including: Los Angeles, Dallas, Miami, Atlanta, Chicago, and New Jersey. Along with physical presences in each of these locations, they also offer services out of various “virtual Points-Of-Presences” (POPs) allowing streamlined service deployments in other locations, such as New York, Virginia, Missouri, Arizona and overseas in Amsterdam.

QuadraNet was founded almost two decades ago in 2001 by Ilan Mishan. As the company grew, they became a dedicated provider in geographically diverse bespoke services, known historically for their competitive offerings in the colocation marketplace. From single-server rackspace offerings, cabinet space (fractional and full cabinets), all the way to fully tailored private suites that are built out of compliance and client requirements.


Additionally, QuadraNet is well-known in the marketplace for Infrastructure-as-a-Service (IaaS) solutions; now available both in a traditional fashion as well as with virtualization options that provide clients with unwavering flexibility when it comes to delivering the right solution for the specific service role and performance requirements.

QuadraNet’s long-standing history has always been intrinsically involved in the bandwidth and IP Transit marketplace. Through the relationships formed organically over time with all the major carriers in their strategically located data centers that are well-known peering-exchange points, QuadraNet effectively leverages their relationships and history to provide unparalleled Layer 2 IP Transport and Layer 3 IP Transit solutions to their clientele through the most popular and sought out carriers in the market, both domestic and international (e.g. Equinix, Zayo, Coresite, Telefonica).

Lastly, an increasing amount of QuadraNet’s growth has been driven by their focused efforts expanding from the SMB space into offering high-quality Enterprise Solutions; deployments that are completely architected for meeting the higher-availability requirements and compliance requirements of a wide-range of enterprises and industries.

“We look forward to working with the VSS team, leveraging their experience in IT and cloud services to propel QuadraNet’s growth,” said Ilan Mishan, CEO of QuadraNet, further elaborating, “VSS’s investment will be key in expanding geographically and providing our clients with even higher levels of service and satisfaction.”

Trent Hickman, VSS Managing Director, added, “QuadraNet has grown impressively and we see a terrific opportunity to assist them in further expanding their reach and deepening their penetration of existing markets. We are thrilled to partner with Ilan Mishan and the strong team he has built over the years. We’re excited to leverage our experience in their next phase of strong growth.”

VSS has over 25 years of experience in the IT services sector, with prior investments including Coretelligent, a provider of comprehensive IT and private cloud services; Hostway, a provider of web hosting solutions; and IT-Ernity, a provider of mission-critical managed hosting services in the Netherlands.

About VSS
VSS is a private investment firm that invests in the information, education, healthcare, and tech-enabled business services industries. VSS provides capital for growth financings, recapitalizations, strategic acquisitions and buyouts to lower middle market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately-negotiated investments across the capital structure and has the ability to invest in situations requiring control or non-control equity, mezzanine securities and structured equity securities.

About QuadraNet
QuadraNet, Inc. is a full-service data center provider headquartered in downtown Los Angeles, California — one of the most well-regarded peering-exchanges locations. Their data center locations include the cities of Los Angeles, Dallas, Miami, Atlanta, Chicago, and New Jersey. QuadraNet’s exclusive services and large portfolio of services, all engineered and optimized with their proprietarily developed Intelligent Monitoring Platform (IMP) include infrastructure as a service (IaaS) deployments; colocation and data center space of all sizes; both managed services and remote hands services; public and private cloud service offerings; bespoke enterprise-architected solutions, and traditional dedicated services and IP Transit services that have high-capacity backbones world-wide.

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SAN ANTONIO, TX – Rackspace® announced it has acquired RelationEdge®, a full-service Salesforce Platinum Consulting Partner and digital agency that helps clients engage with their customers from lead to loyalty by improving business process, leveraging technology, and integrating creative digital marketing.

Software-as-a-service (SaaS) applications like Salesforce® are a growing component of many companies’ digital transformation journey. With this acquisition, Rackspace expands its ability to be a preferred partner for managing a customer’s complete application portfolio through continuous transition to modern technologies, including SaaS applications. Rackspace has built one of the industry’s broadest portfolios of IT services and expertise across applications, data, security, and infrastructure.


“We have acquired RelationEdge in response to the growing demand we’re hearing from customers,” said Gerard Brossard, EVP and general manager of Rackspace Application Services. “Enterprise and midmarket companies are increasingly deploying SaaS applications to enhance business processes across many departments, from sales and marketing to customer service, operations, HR, and finance. These applications are powerful, but also complex to implement and costly to continually keep up-to-date. RelationEdge further extends Rackspace’s unrivaled portfolio and expertise to help companies navigate and operate in the world of ever-changing IT.”

“The line between managed services and professional services is blurring. Enterprise customers want a trusted advisor who can help them navigate their end-to-end digital transformation journey as they adopt next generation SaaS environments” said Michelle Bailey, Group Vice President, General Manager and Research Fellow, IDC. “Rackspace’s acquisition of RelationEdge addresses this enterprise customer need and fits the evolving company strategy to be a leading IT services provider.”

Based in San Diego, CA where it was founded in 2013, RelationEdge has since opened offices in a dozen cities across the U.S. It is a growing and profitable business with 125 employees. Rackspace intends to operate the business with considerable independence under its current leadership and the RelationEdge brand, which is well known and respected among Salesforce’s leaders and customers.

“We are very proud of what we’ve built,” said Matt Stoyka, RelationEdge founder and CEO. “We’re also excited about what we still can achieve in this fast-growing market by joining forces with Rackspace. The two companies are a great fit culturally as both differentiate themselves through exceptional customer service. RelationEdge’s Process First, Technology Second® approach perfectly complements Rackspace’s approach to provide unbiased expertise across all leading technologies and to deliver the best-fit solution for each customer’s unique needs.”

“We are happy to see Rackspace and RelationEdge come together,” said Kori O’Brien, Senior Vice President, North America Alliances & Channels at Salesforce. “RelationEdge has been a valuable partner in the Salesforce ecosystem. The combination of RelationEdge’s unique process-first approach to solving business problems, and Rackspace’s transformation and technology expertise, will allow both companies to provide greater service and solutions to fuel customer success.”

Both companies are privately held, with Rackspace owned by affiliates of certain funds of Apollo Global Management, LLC and certain co-investors. RelationEdge was owned by its founders, its regional market leaders, and Tide Rock Ventures. Financial details are not being disclosed.

About Rackspace
Rackspace is a leading provider of IT as a service in today’s multi-cloud world. It delivers expert advice and integrated managed services across applications, data, security and infrastructure, including public and private clouds and managed hosting. Rackspace partners with every leading technology provider, including Alibaba, AWS, Google, Microsoft, OpenStack, Oracle, SAP, and VMware. The company is uniquely positioned to provide unbiased expertise on which technologies will best serve each customer’s needs. Rackspace was named a leader in the 2018 Gartner Magic Quadrant for Public Cloud Infrastructure Managed Service Providers, Worldwide and has been honored by Fortune, Glassdoor and others as one of the best places to work. Based in San Antonio, Texas, Rackspace serves more than 140,000 business customers, including most of the Fortune 100, from data centers on five continents. Learn more at rackspace.com.

About RelationEdge
RelationEdge is a Salesforce Platinum Consulting Partner and Digital Agency that helps companies implement, customize and integrate Salesforce, and provides ongoing services and support to continually adapt the platform to meet changing business requirements. RelationEdge uses marketing and technology to get from lead to loyalty. For more information, please visit relationedge.com.

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Expanded partnership provides growth and market-leading user experience to Indian customers ZNet, India’s leading hosting and cloud services provider, today announced that it has become the distributor for Plesk in India. Plesk is the leading WebOps platform to build, secure and run applications, websites and hosting businesses that scale in the Cloud. Plesk is more than just a generic control panel providing automation capabilities to reduce complexity, save time and simplify the lives of web professionals and IT administrators alike. Plesk’s rich and open extension catalogue provides access to relevant features and enables service providers of any size to specialize, address customer needs and grow their business. This aligns well with ZNet’s extensive customer and partner network comprising hosters, developers, system administrators and service providers, who will now be able to get Plesk licenses and solutions at an even more competitive pricing and increased support. Also…
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When cloud technology first arrived, nobody was sure how significant the outcome would be on the businesses. Eventually it started creating a buzz in the market. Cloud technology has transformed in a way how a business operates, in addition to time and cost saving. This has resulted in it becoming one of the most commonly used technologies over the last decade. Right from SMEs to mid-size to a fully established business -everyone is shifting to the cloud. That’s because this technology increases scalability and serves higher performance. Cloud technology has expanded its roots in the hosting environment as well. In simple terms, to understand cloud hosting, one can refer to the policy of ‘Divide and Rule’. Your website needs some resources to run. These resources are divided across multiple machines throughout the network that can be made available as per the need. Unplanned Traffic Spikes A sudden increase in website traffic may be a good sign for your business. It ultimately will…
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