Magento 2 is a feature rich ecommerce platform
Magento is an open-source e-commerce platform written in PHP that has been available since the release of Magento V1 back in August 2007. The software was eventually upgraded to Magento V2 on 17th November 2015. Among the many features changed in Magento 2 are the following: reduced table locking issues, improved page caching, enterprise-grade scalability, inbuilt rich snippets for structured data, new file structure with easier customization, CSS Preprocessing using LESS & CSS URL resolver, improved performance and a more structured code base.
Magento employs the MySQL or MariaDB relational database management system, the PHP programming language, and elements of the Zend Framework. It applies the conventions of object-oriented programming and model–view–controller architecture.
In May 2018 it was announced that Magento would be acquired by Adobe for $1.68bn with a view to integrating it into Adobe Experience Cloud, its Enterprise CMS platform. The acquisition was finalized on June 19, 2018.