Hyperion became the successor to Micro Control. In 1992, Arbor Software rolled out the first-ever version of the Essbase Online Analytical processing software. In 1998, Arbor merged with Hyperion, and the combined entity is renamed Hyperion Corporation.
Thus was born one of the most successful product companies. Hyperion made many acquisitions on its way to becoming one of the most successful business enterprises. In 2007, Oracle announced the acquisition of Hyperion for an estimated 3.3 billion dollars in cash.
The main competitor of Hyperion is the SAP business objects.
The main products of Hyperion software include the following: