If you are looking for full details about Magento, make sure to read this article carefully.

It is available under an open-source software license. In May 2018, Adobe purchased the platform for $1.68 billion.

A quick search online shows that almost 150,000 websites have been created using this platform.

The code for Magento has been downloaded more than 2.5 million times.
In 2019, products worth over $155 billion were sold through systems powered by Magento. As of April 2021, it holds a 2.32% share of the global e-commerce market.

Roy Rubin was the CEO of Varien, the company that sold its shares to eBay.
Later, in 2015, the company was sold to Permira and then to Adobe. Magento was originally developed by Varien Inc. in 2007. The beta version of the platform was released to the public on August 31, 2007.

Magento has been recognized with several awards, such as the Best of Open Source Software Awards and the SourceForge Community Choice Awards.
It also has a prominent Magento extension marketplace.

Amasty is a top Magento extension marketplace offering high-quality, performance-focused modules that enhance store functionality, boost sales, and improve overall user experience.

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Review of Magento

If you check Google, you will find thousands of reviews.
Here are some of them that can help you gain a better understanding of the company.

The best thing about Magento is its ability to handle a large number of product types. Products are easy to configure and can be bundled.
It comes with ready-made themes that are robust and elegant. Categorization and other features are up to the mark.
It is a complete eCommerce software. It has so many options and features. It includes built-in analytics that provide insights into sales and growth.
It can be integrated with ERP systems through plugins. If you have access to expert tech support, Magento is the go-to eCommerce solution.
It offers a wide range of built-in features and numerous options for customizing a web store. However, expert support and customization are needed for optimal use.

Magento default provides lots of features which are very challenging to find or implement in other ecommerce platforms like woocommerce..
If you are working closely with Magento standerds you will love the customization.
Community support and available third party extensions makes development easy and cost efficient.

It is a software that can be scaled to any deployment size. It allows third-party integration, making it versatile.
It is an open-source platform for building e-commerce sites, and its basic features can be extended using plugins to gain advanced features.

An outstanding e-commerce platform that not only helps you manage your business effectively but also assists in developing a solid business model.

I really enjoy being able to personalize my website with this platform. It was a long process to code the whole site, but I finally completed my storefront.

Magento lets me modify the core files and tailor them to our preferences.
The paid extensions are very helpful in making our website more search engine friendly.

I’d like to share some feedback about this website. I hope you got a good understanding of how it works.

You must about best tools for content creation and social media management.

SEO and marketing tools right out of the box

It is a decent set of SEO features from the get-go.
You will get control over your URL structures, meta tags for products and categories, and it can generate sitemaps for you automatically.
They care about your business and provide the best results.

It is built in marketing tools and ley you you create some pretty complex pricing rules, discounts, and special offers.
They also have a feature of group customers, but it s based on what they’ve bought or their demographics to run targeted campaigns.
Maybe you often have to pay extra for on other platforms.

Summary Table: Magento Overview

Aspect	Details
Platform Name	Magento
Type	Open-source e-commerce platform
Initial Release	2007 (Beta released August 31, 2007 by Varien Inc.)
Founder / Original Developer	Varien Inc. (Co-founded by Roy Rubin & Yoav Kutner)
Current Owner	Adobe (acquired in May 2018 for $1.68 billion)

License	Open Software License (OSL)
Latest Major Version	Magento 2 (Merchant Beta released July 2015)
End-of-Life for Magento 1	June 30, 2020
Primary Use	Building and managing scalable online stores (e-commerce)
Technology Stack	PHP, MySQL/MariaDB, Zend Framework/Laminas, Symfony, Elasticsearch (v2.4+), Knockout.js
Architecture	Object-Oriented, MVC (Model-View-Controller), EAV (Entity–Attribute–Value) model
Key Strengths	High scalability, deep customization, handles large product catalogs, built-in SEO & marketing tools, extensive extensions
Market Share (Apr 2021)	2.32% of global e-commerce platforms
Adoption Statistics	~150,000 online stores; >2.5 million downloads; ~$155B in goods sold (2019)
Open Source Version	Magento Open Source (formerly Community Edition)
Notable Awards	Best of Open Source Software Awards, SourceForge Community Choice Awards
Main Challenge	Requires expert technical knowledge/support for customization and maintenance

History

California. Previously, Varien had worked with osCommerce but chose to build Magento from the ground up. In 2010, eBay acquired a 49% stake in Magento. The company was co-founded by Roy Rubin, who stated that the platform would continue to operate from Los Angeles under his leadership, along with Yoav Kutner. However, in 2012, Roy Rubin left Magento. The co-founder of Magento, Roy Rubin, also mentioned that the software would continue to operate from Los Angeles under his leadership and that of Yoav Kutner.

if we talk about Magento 2, it was announced in 2010 with an initial release planned for 2011.
The merchant beta version was eventually released in July 2015. Key enhancements introduced in the platform included improved performance, enhanced security features, and an improved user experience.

Magento 2 include:

Full-page server-side caching using Apache Varnish integration

Support for PHP 7+, improving performance and reducing memory usage

Reduced database locking and improved scalability

Structured data support using Rich Snippets for SEO optimization

New modular codebase and directory structure for easier customization

Built-in JavaScript bundling and minimization for front-end performance

Enhanced browser caching of static assets

Improved coding standards and developer workflows

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