Header Image

SAP acquires leader in commerce technology hybris AG

01 August 2013

NYSE-listed SAP AG, market leader in enterprise application software, completed on 1 August 2013 the acquisition of hybris AG, a rapidly growing and widely recognized leader in commerce technology with operations in 15 countries around the globe, founded in 1997 with headquarters in Zug, Switzerland. The majority investor in hybris AG was HGGC, a private investment firm based in Palo Alto, California. hybris will operate as an independent business unit under its existing leadership and will be known as "hybris, an SAP company".

Schellenberg Wittmer Ltd acted as Swiss legal counsel (together with Jones Day) to the acquirer SAP. The Schellenberg Wittmer team consisted of Oliver Triebold (overall lead, partner Corporate/M&A), Nadin Schwibs, Sara Lamm, Marcel Jakob (all Corporate/M&A), Ueli Hengartner (Employment), and Harun Can (partner Tax).

View linkView link

Back to overview