Wednesday, February 28, 2007

Oracle's Buys BI Vendor Hyperion

Oracle buys business anayltics vendor Hyperion Solutions based in Santa Clara, CA for approximately $3 billion. This comes on the heels of SAP's purchase of Pilot Software on Feb. 20th.

Henning Kagermann, SAP’s CEO, described the acquisition as a “fill in”, enabling it to provide performance management functionality as an add-on to its core product. He said that there are more such acquisitions to follow.

The product will be integrated into SAP’s NetWeaver quasi-SOA software platform.

Many observers have foretold the demise of the standalone business intelligence market, as application suite providers such as SAP begin to offer comparable functionality as native extensions to their ERP products.

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