Oracle to Acquire Hyperion, Owner of Crystal Ball

It seems that no sooner does Hyperion start the transition from the acquisition of Decisioneering to the process of integrating Crystal Ball with their products, when Hyperion announces that *they’ve* now been acquired by Oracle! The deal is in cash for $52.00 per share, or approximately $3.3 billion.

In an email I received today from Jim Franklin, former CEO of Decisioneering and now VP, General Manager of Hyperion, Jim writes:

The acquisition of Hyperion extends Oracle’s business intelligence product strategy. Customers are increasingly using performance management and business intelligence together. Hyperion provides best-in-class performance management software to over 12,000 customers worldwide, including 91 of the Fortune 100. Hyperion will add complementary products to Oracle’s leading business intelligence offerings, including a leading open enterprise planning system, financial consolidation products, and a powerful multi-source OLAP server.

On their website, Oracle’s CEO Larry Ellison is quoted as saying, “Hyperion’s EPM software coupled with Oracle’s Business Intelligence (BI) tools and analytic applications form an end-to-end performance management system that includes planning, budgeting, consolidation, operational analytics and compliance reporting.”

For those of you unfamiliar with Crystal Ball, it is Microsoft Excel-based software for risk analysis, simulation and optimization. I’m sure Crystal Ball will play a growing and pivotal role in the planning and operational analytics areas.

Hyperion press release: Oracle To Acquire Enterprise Performance Management Leader Hyperion
Oracle press release: Oracle Buys Enterprise Performance Management Leader Hyperion

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