Local IT services firm Capiotech today revealed it had nabbed Thomas Palmer, the former head of Hyperion Australia and New Zealand, to be its new managing director.
Oracle announced on Thursday that it has agreed to buy Hyperion Solutions for US$3.3 billion, in a move to expand in the area of performance management systems.
SAP announced Sunday afternoon it plans to acquire Business Objects in a cash deal valued at slightly more than US$6.8 billion.
The business intelligence market, once the fastest growing sector of software, is predicted to slow down after the recent spate of multi-billion dollar acquisitions.
Software giant Oracle's acquisition of business intelligence vendor Hyperion is no great shakes, according to three of Hyperion's largest competitors.
Despite strong growth in software sales at IBM, only certain parts of the enterprise software market are set to rebound this year.
special report Two Australian industry experts go head-to-head on the future of business intelligence.
How do you get multiple business intelligence tools within one company to communicate?
What do you think will happen in the IT industry this year? ZDNet Australia asks Australian opinion leaders what they think will happen.
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