{"id":7746,"date":"2013-06-07T15:32:00","date_gmt":"2013-06-07T15:32:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2691308"},"modified":"2013-06-07T15:32:00","modified_gmt":"2013-06-07T15:32:00","slug":"sap-to-buy-e-commerce-firm","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/sap-to-buy-e-commerce-firm\/","title":{"rendered":"SAP to Buy E-Commerce Firm"},"content":{"rendered":"<p>SAP is buying hybris, a 16-year-old $85 million-a-year Swiss e-commerce company, expecting to deliver the next-generation e-commerce platform for on-premise and cloud deployment.<br \/>\nIt claims the purchase, which many have expected for a long time, puts it at the leading edge of the consumer economy, raising the stakes in customer relationship management (CRM) and defining the next-generation customer experience.<br \/>\nTerms weren\u2019t disclosed, but All Things Digital thinks the deal is costing SAP $1.2 billion-$1.5 billion.<br \/>\nhybris just got $30 million from the VCs in March including Meritech Capital Partners and Greylock Israel. Its majority investor is Huntsman Gay Global Capital (HGGC), a private investment firm based in Palo Alto, California. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2691308\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAP is buying hybris, a 16-year-old $85 million-a-year Swiss e-commerce company, expecting to deliver the next-generation e-commerce platform for on-premise and cloud deployment.<br \/>\nIt claims the purchase, which many have expected for a long time, puts it at the leading edge of the consumer economy, raising the stakes in customer relationship management (CRM) and defining the next-generation customer experience.<br \/>\nTerms weren&rsquo;t disclosed, but All Things Digital thinks the deal is costing SAP $1.2 billion-$1.5 billion.<br \/>\nhybris just got $30 million from the VCs in March including Meritech Capital Partners and Greylock Israel. Its majority investor is Huntsman Gay Global Capital (HGGC), a private investment firm based in Palo Alto, California. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2691308\" target=\"_blank\">read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7746","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/7746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=7746"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/7746\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=7746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=7746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=7746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}