Archive for the ‘FCH’ Category
What? Oracle buying Hyperion?
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| Under the direction of CEO Larry Ellison, Oracle has acquired several rival companies in the last few years. |
Oracle and Hyperion did not immediately return calls seeking comment. Oracle is based in Redwood City, California, and Hyperion in Santa Clara, California.
Hyperion (Charts) shares closed on Wednesday at $42.84, giving the company a market value of about $2.53 billion based on reported shares outstanding. Oracle (Charts) shares closed at $16.43. Both companies’ shares trade on the Nasdaq.“
