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SAP expands its cloud software arsenal by acquiring hybris, a top provider of e-commerce...

SAP expands its cloud software arsenal by acquiring hybris, a top provider of e-commerce infrastructure software, for an undisclosed sum. The deal comes 8 months after SAP bought top B2B marketplace provider Ariba. SAP argues hybris' software, which covers Web, mobile, and in-store channels, will improve "customer insight and engagement" when paired with its Hana in-memory database and Jam social networking software. The deal could spell tougher competition for hybris rivals Demandware (DWRE -0.5%) and NetSuite (N -0.4%). SAP could also end up competing with IBM, which has been making acquisitions to bolster its Smarter Commerce initiative.
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  • foodforthought
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    Comments (225) | Send Message
     
    Under other transactions (scroll down), VC General Catalyst Partners making huge in-kind distributions on 8/7/13. THAT'S WHY DWRE SHARES DROPPED!!! So, feel free to buy DWRE while quasi insiders are getting out...!

     

    http://bit.ly/161vxEy
    11 Aug 2013, 02:18 PM Reply Like
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