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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