Oracle Hyperion History

 


1981 - IMRS founded by Bob Thomson and Marco Arese

1983 - IMRS launches financial and management consolidation software called "Micro Control"

1985 - IMRS hires Jim Perakis as CEO; he remains in this position during growth from $1M to almost $300M[1]

1991 - IMRS becomes a public company and launches a Windows-based successor to 'Micro Control' called 'Hyperion'

1992 - Arbor Software ships first version of Essbase Online Analytical processing OLAP software

1995 - Due to the success of the "Hyperion" product IMRS changes name to "Hyperion Software Corporation" and the name of the product is changed to "Hyperion Enterprise." Arbor becomes a publicly held company

1997 - Arbor acquires Appsource

1998 - Hyperion Software merges with Arbor and the combined company is renamed Hyperion Solutions

1999 - Jeffrey Rodek named as Hyperion Chairman and CEO of Hyperion. Hyperion acquires Sapling Corporation (Enterprise Performance Management applications)

2001 - Godfrey Sullivan is named Hyperion President and COO

2003 - Hyperion acquires Brio Technology and The Alcar Group

2004 - Hyperion names Jeffrey Rodek Executive Chairman; Godfrey Sullivan President and CEO

2005 - Hyperion acquires Razza Solutions (Master data management) and appoints Northdoor as a reseller in the UK and Ireland.

2006 - Hyperion acquires UpStream (Financial Data Quality Management)

2006 - Hyperion acquires Beatware (Data visualization for Web and Mobile Devices)

2007 - Hyperion acquired Decisioneering (Crystal Ball software).

Oracle Corporation announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash.[10][11] The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle.[12] Oracle extended support for most Hyperion products (v11.1.2.x) to 2018.[13] Hyperion BI tools were bundled into Oracle Business Intelligence Suite Enterprise Edition.

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