http://www.domain-b.com/companies/companies_o/oracle/20070301_billion.html software company, will acquire Hyperion Solutions Corporation for $3.3 billion all cash deal. Investors in Santa Clara, California-based Hyperion will receive $52 per share, which is 21 per cent more than Hyperion's latest closing price of $42.84. The acquisition is in line with the aggressive expansion that Oracle chief executive Larry Ellison launched a push to upgrade his company's business applications software, the computer coding that automates a wide range of administrative tasks. Oracle is dominant in database software, but growth in that market has been tapering off in recent years - a factor that convinced Ellison that Oracle needed to seize a bigger piece of the business applications market. Oracle has spent about $20 billion on acquisitions since 2004, including buying PeopleSoft Inc. and Siebel Systems Inc. This trend will be going on with big companies buying into smaller ones to gain expertise and raise profits.
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