Oracle expands business with Hyperion Solutions
Oracle announced the purchase of Hyperion Solutions, a developer of a company performance measurement system. The transaction amount was $ 3.3 billion.
Oracle has been and remains one of the most aggressive "buyers" of technology companies. Earlier in the company's assets were the main competitors of Oracle - the company PeopleSoft and Siebel. It is understandable: if there is money and the desire to devour an opponent - why not do it? In total, Oracle has spent $ 20 billion on such acquisitions since 2005.
In addition, the transaction will be profitable for Hyperion, which will get access to the Oracle partner network. All legal formalities are planned to be completed by the end of April.
')
via New York Times
Oracle has been and remains one of the most aggressive "buyers" of technology companies. Earlier in the company's assets were the main competitors of Oracle - the company PeopleSoft and Siebel. It is understandable: if there is money and the desire to devour an opponent - why not do it? In total, Oracle has spent $ 20 billion on such acquisitions since 2005.
In addition, the transaction will be profitable for Hyperion, which will get access to the Oracle partner network. All legal formalities are planned to be completed by the end of April.
')
via New York Times
Source: https://habr.com/ru/post/3751/
All Articles