Oracle Gobbles Up HyperRoll

Wednesday Sep 30th 2009 by DatabaseJournal.com Staff

Software giant continues its ravenous acquisition strategy with purchase of leading provider of financial reporting acceleration software.

[From Oracle Corp.]

Oracle on Tuesday announced it will purchase Mountain View, Calif.-based HyperRoll, a maker of financial reporting acceleration software, for an undisclosed cash amount.

Company officials said the deal is expected to close sometime later this year.

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