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Magento 1.6.0.0-beta1 was released today, and has some pretty nifty features. One of those is an implementation of “Minimum Advertised Price”, or MAP. Many vendors enforce restrictions on how low of a price you can show on your site, until either adding it to your cart or performing come action. Here’s how to take advantage of this feature:
Ebay announced today that it will acquire Magento, Inc., developers of the Magento eCommerce platform. The announcement comes after eBay announced in February to purchase a 49 percent stake in Magento, valued at $22.5 million.
