Performance enhancement

Oracle Corp., of Redmond Shores, Calif., agreed on March 1 to buy Hyperion Solutions Corp., a major provider of performance management software. The $3 billion deal, according to Oracle CEO Larry Ellison, 'makes Oracle the category leader in the high-growth enterprise performance management market.' Hyperion currently has more than 12,000 customers in 90 countries, and Oracle's acquisition is targeted at expanding Oracle's offerings to SAP customers.

About the Author

Patrick Marshall is a freelance technology writer for GCN.

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