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On February 5, 2002, the Company acquired 100% of Marconi Data Systems, formerly known as Videojet Technologies (âVideojetâ), from Marconi plc in a stock acquisition, for approximately $400 million in cash including transaction costs.
Hyperion Solutions was formed from the merger of Hyperion Software (formerly IMRS) and Arbor Software in 1998. Oracle Corporation 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 and Hyperion now operates as a division of Oracle.ot to be confused with the software company Hyperion Entertainment. Hyperion Solutions Corporation was an Enterprise Performance Management software company, located in Santa Clara, California, USA, which was acquired by Oracle Corporation in 2007.