Hyperion, a global leader in business performance management software, announced it has acquired substantially all of the assets of Razza Solutions, Inc., an Austin, Texas-based private software company. A Hyperion partner since 2000, Razza provides a market-leading solution for synchronizing master data across business performance management (BPM) including business intelligence (BI) platforms, financial and analytical applications and transactional systems.
The transaction closed on January 21, 2005. Hyperion does not expect the impact on revenue and earnings to be material. Razza's 15-person staff became Hyperion employees, effective immediately.
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