Magento Open-Source Ecommerce Platform Gains Strong Momentum

Magento, the ecommerce platform owned by eBay that is at the center of several recent major partnerships and endorsements, is enjoying success. And that success could have a far-reaching impact beyond Magento’s immediate niche by influencing the future of open source, the cloud and integrated hosting solutions.

Magento has been around since 2008, when it was first released as an open-source Web application for ecommerce. eBay acquired it in 2011, when it became part of the company’s X.commerce program, but Magento remains open source and enjoys massive popularity, boasting adoption by more than 150,000 organizations.