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We are pleased to announce that Oracle has completed its acquisition of Hyperion and Hyperion is now a wholly owned subsidiary of Oracle. Along with this official news,
we would like to reiterate our commitment to you, our partners, and your customers.
Our primary focus is 100% customer satisfaction. We plan not only to make the combination of our companies as seamless as possible for you and your customers, but also to deliver added and immediate value. Oracle’s expertise in BI tools, operational analytics and data management combined with Hyperion’s
expertise in financial planning, consolidation, BI, and multi-source OLAP provides the industry’s most complete business intelligence product line for our mutual customers. Since our products were already integrated before Oracle announced that it was acquiring Hyperion, your customers can immediately
start to experience the benefits of an integrated transaction system, intelligence system, and management system, all from a single vendor.
Be assured that your customers’ investments in Hyperion solutions will be supported and protected. We plan to protect, extend, and evolve your customers’ investments by:
- Continuing with Hyperion’s current product and support plans and accelerating investments in these products with the backing of Oracle’s approximate $1.9B R&D budget
- Maintaining support for heterogeneous databases, technology, and ERP and CRM applications
- Accelerating delivery of innovative BI, performance management, and analytic applications
- Better integrating BI and performance management applications to extend the value for Oracle E-Business Suite, PeopleSoft Enterprise, Siebel CRM, and SAP customers
- Delivering the first, integrated Enterprise Performance Management System that spans planning, consolidation, operational analytic applications, BI tools, reporting, and data integration, all on a unified BI platform
For our Hyperion and Oracle partners looking to deliver increased value to customers, this represents tremendous opportunity. You will have access to an end-to-end enterprise performance management system that includes planning, budgeting, consolidation, operational analytics and compliance reporting.
Moreover, Hyperion partners will be able to take advantage of Oracle’s applications and technology ecosystem, worldwide resources, and increased partner investment for incremental sales opportunities and extended market and industry reach.
All of your existing contacts for your partnership, professional services, support, sales, and development, remain the same. The same Hyperion personnel who assisted you prior to the completion of the acquisition continue to do so today.
In addition, we have set up many channels for you and your customers to ask questions and provide feedback. Solutions 2007 in Orlando, Florida continues as planned from April 22-25 as does Solutions 2007 in Lyon, France from May 20-22. Executives from both companies will be onsite and available to speak with you about any questions you have.
Representatives from our combined companies will continue to reach out to you in the months ahead to address your needs. A Partner FAQ has been developed to address any questions that you may have around transition plans. More detailed information about our plans for the combination, answers to your questions,
and Customer Care numbers can be found at oracle.com/hyperion.
Thank you for your continued support.
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