eBay to Cut 2,400 Jobs and Explore Sale or IPO of Enterprise Unit
EBay Enterprise revenue grew nine percent year-over-year in the fourth quarter, from $407 million to $443 million. The unit includes its Magento division, which makes software tools that power online retail sites for midsize brands.
and,
“If a strategic or financial acquirer emerges, we’ll compare their offer to what we’d get from an IPO,” he said.
What would it mean for the community if eBay:
- Sold Magento?
- Went ahead with an IPO?
Would this include the community edition? What does this mean from a development stand point - and what will happen with the community?