Magento was launched in 2008 as an open-source ecommerce web application. It was developed with the help of open source community developers. Now it is owned by Magento Inc. It has a Magento Community Edition, which is a free edition open to all. Magento Mobile edition was released in 2010. Magento was bought by eBay in 2011. Magento has crossed over 4 million downloads now. Magento ecommerce development is being used widely by small and large retailers, including Samsung, counting over 130000 websites.
Magento uses Model View Controller model in its web applications for separating information from the user. It offers IT services for small medium and large businesses. Each type of business is served by customized web applications that suit the business.
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