|
 SAN FRANCISCO (AP) - Business software maker Oracle Corp. will buy Hyperion Solutions Corp. for $3.3 billion in cash, renewing a shopping spree aimed at toppling rival SAP AG.
The deal announced Thursday will give Oracle an arsenal of Hyperion products that are widely used by SAP's customers. Hyperion's tools, known as "business intelligence" software, help chief financial officers and other top corporate executives track their company's performance.
Santa Clara-based Hyperion represents the largest prey to be devoured by Oracle since it gobbled up Siebel Systems Inc. for $6.1 billion a little over a year ago.
|