What is Magento?
Magento was a direct response to the emerging new needs of today's online merchants. More than any feature or functionality what our clients really needed was "flexibility." Our primary goal with Magento was to develop a platform that put the control back in the hands of the online merchant and placed no constraints on business processes and flow.
Magento is a feature-rich, professional open-source eCommerce solution that offers merchants complete flexibility and control over the look, content, and functionality of their online store. Magento’s intuitive administration interface contains powerful marketing, merchandising and content management tools to give merchants the power to create sites that are tailored to their unique business needs. Completely scalable and backed by an extensive support network, Magento offers companies the ultimate eCommerce solution.
A Brief History
Varien, the company that owns Magento, formerly worked with osCommerce. They originally planned to discontinue osCommerce but later decided to rewrite it as Magento. Magento officially started development in early 2007.[4] Seven months later, on August 31, 2007, the first public beta version was released. On May 30, 2010, Magento mobile was released; it allows store owners to create native mobile storefront apps.