Magento

Magento is an <a href="/facts/Open-source_software/HzTaB8E9">open-source</a> <a href="/facts/E-commerce/7vxeea0Y">e-commerce platform</a> written in <a href="/facts/PHP/vU6YRJX0">PHP</a>. Magento <a href="/facts/Source_code/o9J6Jv23">source code</a> is distributed under the <a href="/facts/Open_Software_License/HDCk6A9v">Open Software License</a>. Magento was acquired by <a href="/facts/Adobe_Inc/Bj1d5XvJ">Adobe Inc</a> 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 <a href="/facts/EBay/bDswVAKB">eBay</a>, which eventually completely acquired and then sold the company to <a href="/facts/Permira/C9p75DFC">Permira</a> in 2015; Permira later sold it to <a href="/facts/Adobe_Inc./Bj1d5XvJ">Adobe</a>.

Magento open-in-new

Magento