Trends Report

Brief: Going, Going, Gone — eBay Auctions Off eBay Enterprise

What The Sale Of eBay's Enterprise Unit Means For eBusiness Leaders

July 20th, 2015
Peter Sheldon, null
Peter Sheldon
With contributors:
Rusty Warner , Zia Daniell Wigder , Andy Hoar , Rebecca Katz

Summary

Since January 2015, when eBay announced it would divest its eBay Enterprise division, the firm has been on a roadshow with potential buyers. Yesterday, eBay announced that it had entered into an agreement to sell its eBay Enterprise division in whole to a consortium of private equity firms led by Sterling Partners and Permira Funds for $925 million. This report will explore the rationale for the split and what lies next for eBay Enterprise and its four divisions, including the popular open source eCommerce platform Magento. It will also assess the potential long-term implications for eBusiness and channel strategy professionals.

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