Hybris (company)

Last updated
Hybris
IndustryEnterprise omnichannel commerce software, product information management, master data management, mobile commerce and e-commerce consulting
Founded2002
FoundersCarsten Thoma
Moritz Zimmermann
Klaas Hermanns
Christian Flaccus
Andreas Bucksteeg
Headquarters United States, Germany, Canada, United Kingdom, Switzerland, Austria, Poland, Italy, France, Australia, Sweden, Brazil, Japan, China
Area served
Global
Website 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.

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]

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References

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