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Definition: Hyperion

(Hyperion Solutions Corporation, Santa Clara, CA) A leading provider of analytical application software for management reporting, analysis, modeling and planning. Founded in 1998 from the merger of Hyperion Software and Arbor Software, company products include Hyperion Pillar (budgeting and planning), Hyperion Essbase (OLAP) and Hyperion Enterprise (financial consolidation and reporting). In 2007, Oracle purchased Hyperion to acquire these quality products.