Founded on 2005 by thought leaders in technology & IT solutions, with a mission is to build new internet driven new India scale data driven security & web solutions and enable businesses and consumers to interact safely.

Web Site Security

Cloud Management

Email Solutions

Payment Options
You can deposit direct fund to our ICICI Bank account by Cheque or Cash through any ICICI Bank Branch or ATM in India :
Account Name: Abit India Group
Account No.: 018205002680
Bank Name: ICICI Bank Ltd.
NEFT IFSC Code: ICIC0000182
Branch: Nashik Road

More Option


204, Nagpal House off Link Road, Bandra, Mumbai


Adobe is acquiring Magento for $1.68 billion.

Adobe, as we all know, is the leader in designing and delivering electronic experiences through data and content.

In the heart of every fantastic encounter are data and content, which empower the constant, private, intuitive experiences customers have come to expect.

On the other hand, Magento attracts Adobe Experience Cloud electronic commerce enablement and purchase orchestration for both digital and physical products across a variety of industries, such as consumer packaged goods, retail, wholesale, manufacturing and the public sector.

The Magento Platform is built on proven, scalable technologies supported by a lively community of over 300,000 developers.

The Magento spouse ecosystem supplies tens of thousands of pre-configured extensions, such as payment, transport, logistics and tax. This amount of flexibility provides companies the ability to rapidly ramp and iterate their trade skills to their distinctive business requirements.

Recently Adobe announced that it was acquiring Magento for $1.68 billion. The buy gives Adobe an upper hand in lost e-commerce platform piece which is employed in B2B and B2C contexts and should fit well in the organization’s Experience Cloud.

It also needs to assist Adobe to compete with Salesforce, which provides its own advertising, sales and support offerings from the cloud and purchased Demandware for over $2 billion from 2016 to supply a comparable set of performance.

This is not the first time that the business was acquired. Magento was set up in 2008 and bought by eBay at 2011 in a deal reported to be only $180 million.

The firm went private in 2015 with assistance from Permira Funds, which sources state paid about $200 million. Now the firm sold for nearly $1.7 billion.

That is a significant rise in value because of  2011 purchase along with also a clean five occasions yields for Permira, that introduced in Hillhouse Capital Group annually as a fellow investor.

At the moment, Hillhouse spent $250 million in Magento; ironically, it is going to see a wonderful return on its investment in just 1 year, also.

We, at Netspace (India) worked closed with Magento as a Magento hosting solution provider feel that this partnership will bring only good to everyone.


I’ve been helping businesses to be online for over 15 years. Today my team and I, focus on helping real businesses to overcome real-life challenges and analyse data in a way that can help businesses grow in the right direction of this digital age.


  • Try your lucky to get discount coupon
  • 1 spin per email
  • No cheating
Spin to Win!
Remind later
No thanks