Magento
| Magento | |
|---|---|
| Developer(s) | Magento, Inc. |
| Initial release | March 31, 2008 |
| Stable release | 2.4.7-p4
/ 2025-02-11[±] |
| Repository | |
| Written in | PHP |
| Type | Content management system, shopping cart software |
| License | OSL v3, AFL v3 |
| Website | magento-opensource |
Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under the Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion.
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 in 2015; Permira later sold it to Adobe.