Magento

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.

Magento
Developer(s)Magento, Inc.
Initial releaseMarch 31, 2008 (2008-03-31)
Stable release
2.4.6-p3 / 2023-10-10[±]
Repository
Written inPHP
TypeContent management system, shopping cart software
LicenseOSL v3, AFL v3
Websitebusiness.adobe.com/products/magento/magento-commerce.html

More than 150,000 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. As of April 2021, Magento holds a 2.32% market share in global e-commerce platforms.

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; Permira later sold it to Adobe.

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