Oracle buys Hyperion

The business intelligence (BI) landscape is definitely shaping up as more companies look at how to bring BI to the masses.

Check out Oracle's recent press release on the buying of a Santa Clara software company Hyperion Solutions for $3.3 billion (in cash)

http://www.oracle.com/corporate/press/2007_mar/hyperion.html

"Hyperion is one of the biggest sellers of business intelligence software, which harvests numbers and events from a company's day-to-day operations to help executives understand what's happening inside their business" (Src: Ryan Blitstein, Mercury News)

"In buying Hyperion, Oracle edges into yet another market where it will compete with SAP, the German application software giant, along with companies such as Microsoft and business intelligence specialist Business Objects, with headquarters in San Jose and Paris, France. Among the new Oracle employees will be Hyperion Chief Strategy Officer Howard Dresner, who is credited with coining the term “business intelligence'' while an analyst at research firm Gartner." (Src: Ryan Blitstein, Mercury News)