22 days ago

SAP Buys CIAM Vendor Gigya

Today, SAP announced it has acquired Mountain View, CA based Customer Identity and Access (CIAM) provider Gigya. Several media outlets placed the purchase price in the $350M range. Gigya has been a CIAM vendor since 2010 and raised ~$105M in venture capital, so if the purchase price is accurate, it reflects a good return for […]