Maven is a build automation tool used primarily for Java projects that utilizes a project object model (POM) to manage dependencies and build processes. It was created in 2001 to standardize builds of Apache projects. Some key features include dependency management, a standard project layout, configurable build lifecycles and phases, and plugins for tasks like compiling, testing, packaging, and reporting. Maven aims to provide a uniform build system and is not intended to replace build tools like Ant.