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Oracle to Buy Hyperion for $3.3 Billion
Oolala submitted an article that opens: "Business software maker Oracle Corp. will buy Hyperion Solutions Corp. for $3.3 billion in cash, renewing a shopping spree aimed at toppling rival SAP AG.
The deal announced Thursday will give Oracle an arsenal of Hyperion products that are widely used by SAP's customers. Hyperion's tools, known as "business intelligence" software, help chief financial officers and other top corporate executives track their company's performance."
That's a lot of cash. I wonder how they'll carry it?
A cat can't teach a dog to bark.
And how will they make money off of this? Space tourism to orbit may be on the horizon, but trips to a moon of Saturn are a long way off!
"Hyperion's tools, known as "business intelligence" software, help chief financial officers and other top corporate executives track their company's performance.""
That use to be called...the stock market.
This is interesting coming as it does less than a year after Hyperion's deal to buy the maker of Focus, i.e. info builders, fell through. I wonder what now what will happen to the smaller players. Will they get bought out for a song, or whither and fold? It looks like that market is consolidating to only a few big players.
That's a lot of beetle snuff!
Damn, Ballmer and Jobs have got *nothing* on Ellison when it comes to sheer brutality. He's cutting out SAP's legs from under them by buying up and shutting down (or converting or Oracle optimized... same thing) the main tools that are used for getting into the real data analysis. That would be like if Apple bought Crystal Reports. Ouch.
It's interesting that the arena that these guys play in is so small, yet worth so much money.
I don't respond to AC's.
open source bi all the way is the future
It seems like a lot of cash for an old amber screen mostly PC compatible.
One line blog. I hear that they're called Twitters now.
So, the Oracle at Delphi is taking over the Sun itself? With all the drugs she takes to get those "divine truths", there's no telling what she'll do with the thing - Global Warming here we come!
This can also be seen as a response to Microsoft's recent purchase of ProClarity (makers of front-end software for the Microsoft BI products). Both Microsoft and Oracle are gobbling up companies that fill gaps in their offerings to allow them to sell an entire BI solution instead of just widgets that other companies assemble into complete solutions.
My journal
I'm a taxi driver in lil Rockhampton,Qld,Aus. I had a salesman from Oracle in my cab today telling about this! He was selling software to our local uni. Funnily enough, he seemed sad that there are company with more dosh to through around than some countries GDP.
Semi-automatic amateur armchair Australian philosopher; conjecture ready at any moment...
What is the evil plan behind the acquisition of a huge icy moon weighting almost 18 millions billions tons? Easy. Move it in Earth orbit and threat your competitors to crush their headquarters with the power of millions of H bombs if they don't hand you ONE HUNDRED THOUSANDS BILIONS DOLLARS!!! MhuuahahahAHAH!!!
Nuffsaid
________
Don't know about his cat, but Schroedinger is definitely dead.
I use & develop for Hyperion extensively, the front end Analyzer is a very powerful GUI, even I as a SQL developer gladly use it as it saves "handcoding" SQL... in fact with response times of 5 seconds from conception of grouping to execution & data return it is a no brainer for me, let alone end users.
... thus the possible market for Hyperion is limited by this takeover. I'm not sure on the value add... people who would have bought Hyperion alongside some Oracle system still will. Any other combo is going to be a harder sell...
However the Hyperion suite is very much end of the food chain, after the fact. It relies on other operational/transactional systems to produce the data. Thus its independence was an advantage. Its ETL is somewhat weak & support patchy so possibly Oracle can help there. However Oracle are a direct competitor to the other operational/transactional systems (e.. Teradata,IBM, SAP etc)
Oddly enough, I sit here and read this while in SAP's Business Warehouse training. Then again, I'm a SAP Basis Admin, and kind of HOPE we one day drop our BW implementation. ;)
We just had Oracle (PeopleSoft) come give a presentation of their higher ed product, and it was a shambles. It was clear from the start that all of the business involved in the product (recent and not-so-recent Oracle acquisitions) would prohibit a seamless experience with their database application. I don't know if it was just the presenters, or whether the product is really as fragmented as it looked. In any case, Oracle really dropped the ball.
SAP on the other hand bought Pilot Software, a California based company (with engineering in Cambridge, Mass.) for an undisclosed sum the other day. Pilot Software has many of the engineers from the original Pilot Software, which went through a number of transitions before ending up with SAP. They have some of the very first OLAP tools which still work really well, but have been concentrating on Performance Management tools over the last three or four years. Pilots PM tool, PilotWorks, is actually rather nice and it will be interesting to see how SAP uses them in the future. I used to work for the European Pilot distributor a couple of years ago.
Akvo.org - the open source for water and sanitation
I don't HOW many corporate changes that product has been through. For the ignorant, SQR is a report/programming language used by PeopleSoft and others to write programs and generate reports from databases. I got some experience using it at City College of San Francisco with Oracle databases and the SCT Banner college information system.
It's a niche product and basically an obsolete language, having not really been significantly enhanced in some time on Hyperion's watch.
It's been around for years and been through probably a half dozen or more corporate sales and acquisitions. Keeping the name straight of whatever company currently owns it is not easy.
Here's the Wikipedia entry.
And here's the history:
History
SQ Software created SQR in the mid 1980s. It had a marketing agreement with D & N Systems, which changed its name to SQL Solutions and was later acquired by Sybase Inc. Sybase purchased SQ Software in the early 1990s. To avoid competing directly with Oracle Corporation, Sybase had a marketing and development agreement with MITI for the Oracle database versions of SQR. MITI acquired the full rights to SQR in the mid 1990s. MITI changed its name to SQRiBE Technologies in 1997. Brio Technology acquired SQRiBE in August, 1999. Brio Technology later changed its name to Brio Software. Brio licensed the compiler source code to PeopleSoft Inc. sometime around 2000. Hyperion Solutions Corporation acquired Brio Software in October, 2003. Oracle Corporation acquired PeopleSoft in December, 2004.
And now Oracle has acquired Hyperion, thus reuniting SQR with Peoplesoft.
Richard Steven Hack - This sig is TOO GODDAMN SHORT TO DO ANYTHING USEFUL WITH! MORONS!
The real winner here is clearly the wheelbarrow company.