Magento 2 has many new and improved features, developer tools, and its architecture is quite different from all the previous versions. Magento 2 was announced in 2010. It was planned for release in 2011, and its merchant beta version was released in July 2015. Since then Magento 1 and Magento 2 have existed simultaneously.
The current release and each of the previous historical release versions of the 1.X and 2.X version branches of Magento Open Source are available on the Magento Commerce, Inc. website for download as single-file downloads Development of the 2.X version branch of Magento CE is coordinated publicly on GitHub. Magento 1.9.3 will reach end-of-life on June 30, 2020.
The latest actively supported versions of Magento Open Source are CE 1.9.3 and 2.3.3
The latest actively supported versions of Magento Commerce is 2.3.3 (EE and CE) released on October 8, 2019.
Magento Open Source, previously Magento Community Edition, is an open-source eCommerce platform. Developers can implement the core files and extend its functionality by adding new plug-in modules provided by other developers. Since the first public beta version was released in 2007, Magento Open Source has been developed and customized in order to provide a basic eCommerce platform.
Magento caters to three levels of businesses; small business, mid-market , and enterprise.
Released April 11, 2016, Magento Commerce is an eCommerce platform as a service.
Magento Commerce (On-Premises), previously "Magento Enterprise Edition" is derived from Magento Open Source and has the same core files. Unlike Open Source, this is not free but has more features and functionality. This product is designed for large businesses that require technical support with installation, usage, configuration, and troubleshooting. Although Magento Commerce has annual maintenance fees, neither Open Source nor Commerce (On-Premises) include hosting. The Magento team develops Magento Commerce by cooperating with users and third parties. Development on the 2.X branch of Magento Commerce is coordinated publicly on GitHub.
Magento will remain Open source after the recent acquisition by Adobe
Yoav Kutner left Magento in April 2012, citing that the vision for Magento had changed since the time of acquisition due to high-level staff changes.
"Imagine eCommerce" is the annual Magento eCommerce conference that has run since 2011. The first event was held in February 2011 in Los Angeles with more than 600 Magento merchants, partners, and developers. The goals of the “Imagine eCommerce” are sharing ecommerce ideas and providing networking opportunity sessions.
In 2019, Magento reported potential Vulnerability in its Admin URL location for its 2.1.x, 2.2.x, and 2.3.x versions. It also reported critical security breach for customers running version 1.0.2 (and earlier versions) of the Magestore Store Locator extension. Similar incidences of Magecart attack and Magento killer have also been faced by e-commerce store owners.
Magento officially started development in early 2007. Seven months later, on August 31, 2007, the first public beta version was released.
A TechCrunch article reports that according to its sources, former Magento employees claim they’ve collectively been ‘cheated out’ of nearly 7% to 10% of Magento, a stake that would have been worth approximately $18 million when eBay acquired the company.
Magento also has a diverse group of eCommerce articles written to help B2B and B2C companies. These can be found in the blog section of the website.
eCommerce case studies are also another portion of the Magento website that provides inside information on how Magento impacts brands.
Magento is an open-source e-commerce platform written in PHP. It is one of the most popular open e-commerce systems in the network. This software is created using the Zend Framework. Magento source code is distributed under an Open Source Initiative (OSI) approved by the Open Software License (OSL) v3.0, which is similar to the AGPL but not GPL compliant.
Magento 1 migration to Magento 2 can be done by the official Data Migration Tool. The migration can be performed by developers with extensive Magento 1 and 2 experience or companies that specialize in Magento.
Magento provides two distinct platforms: Magento Open Source (previously Magento Community Edition) and Magento Commerce; the latter is available in an on-premises version (previously Magento Enterprise Edition) or as a platform-as-a-service (previously Magento Enterprise Cloud Edition). There were also two former platforms, Magento Professional Edition, and Magento Go.