Oracle to acquire Hyperion for $3.3bn

Posted by AccountingWEB PM | on Thu, 01/03/2007 - 15:30  4144  2 comments

Oracle's Larry Ellison confirmed his reputation as the software industry's Ghengis Khan with a $3.3bn swoop for Hyperion Solutions, a pillar of the corporate performance management and business intelligence scene. John Stokdyk reports.

Oracle made a cash offer of $52.00 per share, valuing Hyperion at roughly $3.3 billion.

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dahowlett's picture

2 points

dahowlett | Fri, 02/03/2007 - 14:26 | Permalink

Essbase is far and away better than Oracle's offering. No contest and it's a big part of why they bought HYSL. Chuck Phillips confirmed that during the conf call
Cartesis must be pulling your chain - no press release on their website. BOBJ is trying the smae stunt.

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