![]() ![]() ![]() CSS pre-processing using LESS & CSS URL resolver.new file structure with easier customization.integrated server-side Apache Varnish caching with minimal tuning.significant performance and security improvements, especially when paired with PHP version 7+.On November 17, 2015, Magento 2.0 was released. Roy Rubin, the former CEO of Varien, later 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. ![]() Varien published the first general-availability release of the software on March 31, 2008. As of April 2021, Magento holds a 2.32% market share in global e-commerce platforms. 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. More than 150,000 online stores have been created on the platform. The software was originally developed by Varien Inc., a US private company headquartered in Culver City, California, with assistance from volunteers and open source software contributors. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion. Magento source code is distributed under Open Software License (OSL) v3.0. It uses multiple other PHP frameworks such as Laminas (formerly known as Zend Framework) and Symfony. Magento is an open-source e-commerce platform written in PHP. Content management system, shopping cart software ![]()
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March 2023
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