The Redwood Shores database software giant (NASDAQ: ORCL) will pay $52 per share for Santa Clara's Hyperion (NASDAQ: HYSL), which sells business software.
The deal should close in April. Hyperion has about 2,700 workers.
Oracle said in a press release that the deal is part of an attempt to sell Oracle software to customers of its German archrival SAP AG (NYSE: SAP).
Showing posts with label buy. Show all posts
Showing posts with label buy. Show all posts
Saturday, March 3, 2007
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