Published on 2007-03-02 14:48:30

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SANTA CLARA, Calif., March 1, 2007 - Hyperion (Nasdaq Global Select: HYSL), a leading global provider of performance management software solutions today announced that it has agreed to be acquired by Oracle Corporation through a cash tender offer for $52.00 per share, or approximately $3.3 billion.

"Requirements for Performance Management and Business Intelligence solutions are increasingly converging," said Hyperion Chief Executive Officer Godfrey Sullivan. "Given the critical need for managers across the enterprise to align operational decisions with strategy, now is the right time for Hyperion to combine with a strategic partner like Oracle to deliver the first, integrated end-to-end Enterprise Performance Management System."

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