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Yoav Kutner left Magento in April 2012 citing the vision for Magento has changed since the time of acquisition due to high level staff changes. <ref>[http://c4commerce.com/magento-founder-yoav-kutner-on-his-departure-from-ebay/ Magento Founder Yoav Kutner on His Departure from eBay]. C4 Commerce (2012-04-15). Retrieved on 2013-04-08.</ref>
Yoav Kutner left Magento in April 2012 citing the vision for Magento has changed since the time of acquisition due to high level staff changes. <ref>[http://c4commerce.com/magento-founder-yoav-kutner-on-his-departure-from-ebay/ Magento Founder Yoav Kutner on His Departure from eBay]. C4 Commerce (2012-04-15). Retrieved on 2013-04-08.</ref>

==Magento Eco System==
The Magento Community Edition has been downloaded over 4 Million times,<ref>[https://www.magentocommerce.com/blog/comments/magento-community-4-million-downloads-and-still-growing-strong/ 4 Million Magento Downloads]</ref> giving Magento almost 10% of the eCommerce market share globally<ref>[https://builtwith.com/ecommerce/ Magento Market Share reported on BuiltWith.com]</ref>. In addition to this over 200,000 Merchants are reported to be using the Magento Platform<ref>[http://www.magentocommerce.com/magento-connect/new_developer/ Magento Merchants]</ref> and have 5,000+ plugins available to extend their eCommerce experiance.<ref>[http://www.magentocommerce.com/magento-connect/new_developer/ Magento Connect]</ref>


==See also==
==See also==

Revision as of 22:25, 10 March 2014

Not to be confused with Magenta or Magneto.
Magento
Developer(s)Magento Inc.
Initial release2008 (2008)
Stable release
community edition 1.8.1.0 / professional edition 1.12.0.2 / enterprise edition 1.13 / December 11, 2013 (2013-12-11)
Repository
Written inPHP
Operating systemCross-platform
TypeWebshop, Shopping cart
LicenseOSL Ver. 3 / AFL Ver. 3
Websitewww.magentocommerce.com

Magento is an open source e-commerce web application that was launched on March 31, 2008 under the name Bento. It was developed by Varien (now Magento, a division of eBay) with help from the programmers within the open source community but is now owned solely by eBay Inc.

Magento was built using parts of the Zend Framework.[1][2] It uses the entity-attribute-value (EAV) database model to store data.[3]

In November 2013, W3Techs estimated that Magento was used by 0.9% of all websites.[4]

History

Varien, the company owning Magento, formerly worked with osCommerce. They had originally planned to fork osCommerce but later decided to rewrite it as Bento. Due in part to a naming conflict with FileMaker Inc. who had already trademarked the name Bento, Varien and osCommerce renamed Bento to Magento, a mix of Bento and Mage. The term Mage is said to pay homage to the Mage or Wizard of traditional D&D style role playing games. The Varien programming community often refer to Magento's magical getter and setter commands as "The Will of the Mage".

Magento officially started development in early 2007.[5] Seven months later, on August 31, 2007, the first public beta version was released.

In February 2011, eBay announced it had made an investment in Magento in 2010, worth a 49% ownership[6] share of the company.

As of June 6, 2011 eBay owns 100% of Magento. eBay announced that Magento would join eBay's new X.Commerce initiative.[7] Magento's CEO and co-founder Roy Rubin wrote on the Magento blog stating that "Magento will continue to operate out of Los Angeles, with Yoav Kutner and me as its leaders.".[8]

Yoav Kutner left Magento in April 2012 citing the vision for Magento has changed since the time of acquisition due to high level staff changes. [9]

Magento Eco System

The Magento Community Edition has been downloaded over 4 Million times,[10] giving Magento almost 10% of the eCommerce market share globally[11]. In addition to this over 200,000 Merchants are reported to be using the Magento Platform[12] and have 5,000+ plugins available to extend their eCommerce experiance.[13]

See also

References

  1. ^ Varien and the Magento eCommerce Platform framework.zend.com. Retrieved March 13, 2013.
  2. ^ Magento – Blog – Award-winning Tool King website upgrades to Magento Enterprise Edition Platform – eCommerce Software for Growth. Magentocommerce.com (2009-12-04). Retrieved on 2012-07-07.
  3. ^ Magento – Knowledge Base – Magento for Developers: Part 7 – Advanced ORM – Entity Attribute Value – eCommerce Software for Growth. Magentocommerce.com (2009-12-06). Retrieved on 2012-07-07.
  4. ^ Usage statistics and market share of Magento for websites. W3Techs.com. Retrieved on 2013-11-26.
  5. ^ Interview: Roy Rubin About Magento Open Source eCommerce. ecommerceoptimization.com (July 2007).
  6. ^ eBay Owns 49% Of Magento Inc – Confirmed | Magik. Blog.magikcommerce.com. Retrieved on 2012-07-07.
  7. ^ Magento – Blog – Announcing the Magento Enterprise Edition – eCommerce Software for Growth. Magentocommerce.com (2009-04-15). Retrieved on 2012-07-07.
  8. ^ eBay Acquires Open Source Ecommerce Company Magento. Mashable.com (2011-06-06). Retrieved on 2012-07-07.
  9. ^ Magento Founder Yoav Kutner on His Departure from eBay. C4 Commerce (2012-04-15). Retrieved on 2013-04-08.
  10. ^ 4 Million Magento Downloads
  11. ^ Magento Market Share reported on BuiltWith.com
  12. ^ Magento Merchants
  13. ^ Magento Connect
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