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SAP buys e-commerce vendor Hybris in strike back at Oracle, Salesforce.com

SAP is buying privately held Hybris in a bid to build out an e-commerce software offering that connects with customers across multiple “channels, devices and touch points.” Terms of the deal, which was announced Wednesday, were not disclosed. It is expected to close in the third quarter of this year. Hybris, which is based in Switzerland, is the fastest-growing e-commerce software vendor in the world, according to SAP’s announcement.

Read the source article at news.techworld.com


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