Hyperion Solutions Corporation was a business performance management software company, located in
Santa Clara, CaliforniaSanta Clara, California , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. The city is the site of the eighth of 21 California missions, Mission Santa Clara de Asís, and was named after the mission...
, USA, which was acquired by
Oracle CorporationOracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
in 2007. Many of its products were targeted at the
Business IntelligenceBusiness intelligence refers to skills, technologies, applications and practices used to help a business acquire a better understanding of its commercial context. Business intelligence may also refer to the collected information itself....
and
Business performance managementBusiness performance management consists of a set of processes that help organizations optimize their business performance...
market, and are still actively developed and sold by Oracle. In 2007,
GartnerGartner, Inc. is an information technology research and advisory firm headquartered in Stamford, Connecticut. It was known as GartnerGroup until 2001....
placed Hyperion in its "Leader" quadrant for both Business Intelligence Platforms and Corporate Performance Management.
Oracle CorporationOracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
announced on March 1, 2007 that it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash .
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Hyperion Solutions Corporation was a business performance management software company, located in
Santa Clara, CaliforniaSanta Clara, California , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. The city is the site of the eighth of 21 California missions, Mission Santa Clara de Asís, and was named after the mission...
, USA, which was acquired by
Oracle CorporationOracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
in 2007. Many of its products were targeted at the
Business IntelligenceBusiness intelligence refers to skills, technologies, applications and practices used to help a business acquire a better understanding of its commercial context. Business intelligence may also refer to the collected information itself....
and
Business performance managementBusiness performance management consists of a set of processes that help organizations optimize their business performance...
market, and are still actively developed and sold by Oracle. In 2007,
GartnerGartner, Inc. is an information technology research and advisory firm headquartered in Stamford, Connecticut. It was known as GartnerGroup until 2001....
placed Hyperion in its "Leader" quadrant for both Business Intelligence Platforms and Corporate Performance Management.
Oracle CorporationOracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
announced on March 1, 2007 that it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash . The transaction was completed on April 18, 2007.
Notable products include:
- Essbase
Essbase is a multidimensional database management system that provides a multidimensional database platform upon which to build analytic applications. Essbase, whose name derives from "Extended Spread Sheet dataBASE", began as a product of Arbor Software, which merged with Hyperion Software in 1998...
- Hyperion System 9 BI+
- Hyperion Intelligence (comprising products formerly offered by Brio Technology
Brio Technology was a San Francisco Bay area software company cofounded in 1984 by Yorgen Edholm and Katherine Glassey. It made money early on by doing contract work for Metaphor Corporation and performing contract programming....
, acquired in 2003)
- Hyperion Enterprise
- Hyperion Planning
Hyperion Planning is a budgeting and forecasting application from Oracle formerly owned by Hyperion Solutions Corporation. Hyperion Planning uses Essbase as a database and calculation engine, and includes a web-based user interface.Hyperion Solutions Corporation was purchased by Oracle...
- Hyperion Strategic Finance
- Hyperion Financial Management
- Hyperion Master Data Management
History
- 1981 - IMRS founded by Bob Thomson and Marco Arese, and launches financial and management consolidation software called 'Micro Control' in 1983
- 1985 - IMRS hires Jim Perakis as CEO; he remains in this position during growth from $1M to almost $300M
- 1991 - IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion'.
- 1992 - Arbor Software ships first version of Essbase
Essbase is a multidimensional database management system that provides a multidimensional database platform upon which to build analytic applications. Essbase, whose name derives from "Extended Spread Sheet dataBASE", began as a product of Arbor Software, which merged with Hyperion Software in 1998...
Online Analytical processing OLAPOnline analytical processing, or OLAP , is an approach to quickly answer multi-dimensional analytical queries. OLAP is part of the broader category of business intelligence, which also encompasses relational reporting and data mining...
software
- 1995 - IMRS changes name to Hyperion Software Corporation
- 1995 - Arbor becomes a publicly held company
- 1997 - Arbor acquires Appsource
- 1998 - Hyperion Software merges with Arbor and the combined company is renamed Hyperion Solutions Corporation
- 1999 - Jeffrey Rodek named as Hyperion Chairman and CEO of Hyperion
- 1999 - Hyperion acquires Sapling Corporation (Enterprise Performance Management applications)
- 2001 - Godfrey Sullivan is named Hyperion President and COO
- 2002 - Hyperion launches the Business Performance Management
Business performance management consists of a set of processes that help organizations optimize their business performance...
category.
- 2003 - Hyperion acquires Brio Technology
Brio Technology was a San Francisco Bay area software company cofounded in 1984 by Yorgen Edholm and Katherine Glassey. It made money early on by doing contract work for Metaphor Corporation and performing contract programming....
and The Alcar Group
- 2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO.
- 2005 - Hyperion acquires Razza Solutions (Master Data Management
In computing, master data management comprises a set of processes and tools that consistently defines and manages the non-transactional data entities of an organization...
)
- 2006 - Hyperion acquires UpStream (Financial Data Quality Management)
- 2007 - Hyperion acquires Decisioneering (Crystal Ball)
- 2007 - Oracle Corporation
Oracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
announces agreement to acquire Hyperion for USD3.3 Billion.
- 2007 - Oracle Corporation
Oracle Corporation specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market...
bundles Hyperion BI tools into Oracle Business Intelligence Enterprise Edition Plus.
External links