SAP Acquires Hyrbis
SAP today announced the acquisition of Hybris, a technology developer for e-commerce. Financial details of the transaction were not disclosed. "The purpose of the two companies is to combine flexible solutions in the area of Hybris multichannel commerce with powerful production solution from SAP, as well as its major developments in the field of mobile and cloud-based technologies and in-memory computing (in -memory), and thereby reach a new level of understanding and interaction with customers, "the statement said SAP. Later Hybris will operate as an independent business unit, will retain its current management will continue to develop the technology of e-commerce for customers using both, so and do not use on SAP.
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