Oracle Closes Acquisition of Hyperion


REDWOOD SHORES, Calif., April 18 /-- Oracle today announced that it has completed its tender offer for Hyperion Solutions Corporation. The subsequent offering period for the offer expired at 5:00 p.m., New York City time, on April 18, 2007. Oracle purchased a total of 55,703,835 shares in the offer, representing approximately 91.3% of the shares outstanding.

Oracle also announced that the closing of the second and final step of its acquisition of Hyperion will occur on April 19, 2007. As a result of the merger, all remaining outstanding Hyperion shares will be cancelled and converted into the right to receive the price paid in the tender offer of $52.00 per share, net to the seller in cash without interest, less any required withholding taxes. After the completion of the merger, Hyperion will be a wholly-owned subsidiary of Oracle.

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Source: Oracle Corporation

CONTACT:Deborah Hellinger of Oracle Public Relations, +1-650-506-5158, deborah.hellinger@oracle.com

Web site: http://www.oracle.com/

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