Magento is a PHP written open source e-commerce platform that provides online merchants with a shopping cart system that is flexible. What makes it the best option is the fact that it provides powerful catalog-management tools and search engine optimization.
Magento offers two distinct platforms; this includes; the Magento Open Source and the Magento Commerce. The magento Open source allows developers to implement the core files to extend its functionality by the addition of new plug-in modules.
Magento software was initially developed by Varien which is a US company; this was in March 2008 where its first version was first released. The CEO of Varien sold its shares to eBay, and the company was later on sold to Permira. Permira sold the company to Adobe, who are its current owners. In 2015 the second version of Magento, Magento 2.0, was released.