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Oracle Lives Larger

Stock quotes in this article: ORCL , HYSL , HPQ , SAP , COGN , BOBJ  

Oracle(ORCL Quote) has stirred the pot again.

After months of denying that it was in the market for yet another major software company, the database giant has snapped up business intelligence vendor Hyperion Solutions(HYSL Quote) for $3.3 billion, or $52 a share.

Minus cash on hand, the deal will cost Oracle $2.9 billion. Wall Street's reaction was positive. In recent trading, shares of Oracle were up 31 cents, or nearly 2%, to $16.74, despite the hefty outlay. Hyperion soared $8.70, or 20%, to $51.54. ...

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