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Oracle to Buy Hyperion for $3.3 Billion

Posted by CowboyNeal on from the big-ticket-items dept.

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."

1 of 52 comments (clear)

  1. Nasty! by DogDude · · Score: 4, Insightful

    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.