Magento
Open-source e-commerce platform / From Wikipedia, the free encyclopedia
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Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion.[2][3]
Developer(s) | Magento, Inc. |
---|---|
Initial release | March 31, 2008; 16 years ago (2008-03-31)[citation needed] |
Stable release | |
Repository | |
Written in | PHP |
Type | Content management system, shopping cart software |
License | OSL v3, AFL v3 |
Website | business |
More than 150,000 [4] online stores have been created on the platform. The platform code has been downloaded more than 2.5 million times, and $155 billion worth of goods were sold through Magento-based systems in 2019.[5] As of April 2021, Magento holds a 2.32% market share in global e-commerce platforms.[6]
Roy Rubin, the former CEO of Varien, sold a share of the company to eBay, which eventually completely acquired and then sold the company to Permira;[7] Permira later sold it to Adobe.[2][3][8]