Hybris (company) explained

Hybris
Foundation:2002
Founders:Carsten Thoma
Moritz Zimmermann
Klaas Hermanns
Christian Flaccus
Andreas Bucksteeg
Location:United States, Germany, Canada, United Kingdom, Switzerland, Austria, Poland, Italy, France, Australia, Sweden, Brazil, Japan, China
Area Served:Global
Industry:Enterprise omnichannel commerce software, product information management, master data management, mobile commerce and e-commerce consulting
Homepage:https://www.sap.com/uk/products/acquired-brands/what-is-hybris.html

Hybris (stylized as hybris) is a German company that sells enterprise omnichannel and product content management (PCM) software. It is a subsidiary of SAP SE.

Activity

Hybris was founded in Zug, Switzerland, in 1997 by Carsten Thoma, Moritz Zimmermann, Klaas Hermanns, Christian Flaccus and Andreas Bucksteeg.[1] It subsequently moved its headquarters to Munich, Germany.

In 2011, private equity firm HGGC acquired a majority stake in Hybris and merged Canadian software company iCongo into Hybris.[2]

SAP SE acquired Hybris on 1 August 2013 for $1.5 billion.[3] [4] In 2018, Hybris was integrated into the SAP Customer Experience division.

Hybris customers have included General Electric, ABB, West Marine, COS, Thomson Reuters, 3M, Toys "R" Us, P&G, Levi's, Nikon and Johnson & Johnson.[5]

Notes and References

  1. Web site: A New BeginningSAP Commerce SAP Blogs . 2023-05-01 . blogs.sap.com.
  2. Web site: Beth Jinks. Cristina Alesci. Huntsman Gay Merges ICongo With Hybris to Expand in E-Commerce. Bloomberg Business. Bloomberg LP. 2016-02-05. August 23, 2011.
  3. Web site: Preimesberger. Chris. SAP Closes Deal to Acquire MDM Maker Hybris. eWeek. Quinstreet Enterprise. 2016-02-05. 2013-08-06.
  4. Web site: Deutscher. Maria. SAP Completes Acquisition of Cloud Ecommerce Specialist Hybris. Silicon Angle. SiliconANGLE Media. 2016-02-05. 2013-08-06.
  5. Web site: Lunden. Ingrid. Hybris Raises $30M Led By Meritech And Greylock To Take Its Multi-Platform "OmniCommerce" Solution Global. TechCrunch. 2013-03-05.