Thursday, March 01, 2007

Oracle acquires Hyperion

The news is at last out. Oracle Press states "Oracle today announced that it has agreed to buy Hyperion Solutions Corporation (Nasdaq: HYSL), a leading global provider of performance management software solutions, through a cash tender offer for $52.00 per share, or approximately $3.3 billion."
This raises a host of questions for SAP users who rely on Hyperion for their BI needs. Also, this now raises a question mark on Oracle's own BI suite, which have been off-late trying to regain their market share. Will, Oracle put in the same amount of marketing effort for its own BI products after acquiring Hyperion? What will be the future focus of Oracle regarding OLAP technology? Oracle would definitely gain a lot of market and a good BI product range already with Hyperion. Guess a lot of us would now miss the OLAP war of Oracle Express and Hyperion Essbase.
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Krishanu's Oracle Applications Blog - Oracle Apps consulting services scenario in India. Also, an inside view of Oracle Apps outsource services in India. Also the blog features new developments in Oracle Apps and my learning's in this field. The views expressed are my own only and not of my employer Wipro Technologies. The views and opinions expressed by visitors to this blog are theirs and do not necessarily reflect mine.