Oracle to Buy Hyperion for $3.3 Billion

Oolala writes: Business software maker Oracle Corp. will buy Hyperion Solutions Corp. for $3.3 billion in cash, renewing a shopping spree aimed at toppling rival SAP AG. The deal announced Thursday will give Oracle an arsenal of Hyperion products that are widely used by SAP's customers. Hyperion's tools, known as "business intelligence" software, help chief financial officers and other top corporate executives track their company's performance.