... well, at least they bought some of HyperRoll, and frankly, it's about time. It all started back in the day when HyperRoll found a better way to roll-up Essbase data. Originally, there was scuttlebutt about Hyperion buying HyperRoll, but (so the story goes), the price was too high. So instead, Hyperion decided to create ASO which bore eerie similarities to HyperRoll. There was a nasty lawsuit involving Hyperion infringing on HyperRoll's patent that got settled eventually for millions.
By that time, though, Hyperion had ASO firmly entrenched in Essbase customers world-wide and HyperRoll somewhat disappeared from the Hyperion landscape. They made a reappearance recently with their LiveLink technology that essentially let you build Essbase cubes from HFM data really, really fast. In some cases, it was almost real-time. I saw a demo of it where a user made an elimination entry in HFM and it was visible in an Essbase cube literally 3 seconds later.
On September 29, 2009, Oracle announced it has agreed to acquire certain assets of HyperRoll. HyperRoll is a leading provider of financial reporting acceleration solutions with interactive reporting capability to support complex data calculation requirements. Oracle Enterprise Performance Management (EPM) already enables rapid, accurate and secure financial consolidation and reporting. With the addition of HyperRoll's reporting acceleration technology, customers are expected to be able to execute a faster financial close.
HyperRoll's employees are expected to join Oracle, and will bring domain expertise in multi-dimensional technologies and algorithms for large scale financial and business intelligence systems.