Oracle Buys Hyperion For $3.3B
Santa Clara-based Hyperion, a provider of software for performance management, announced this morning that it is being acquired by Oracle Corporation for $3.3B in cash. It said that Oracle has agreed to pay $52.00 per share of its stock. Oracle said that the move will expand Oracle's offering to SAP customers. The transaction is expected to close in April.
posted on Thursday, March 1, 2007
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