Hyperion announced a definitive agreement to acquire substantially all of the assets and certain liabilities of The Alcar Group, a leading strategic financial modeling company. The acquisition of privately held Alcar will help Hyperion extend its lead in business performance management by integrating financial and operational modeling.

Alcar provides strategic financial modeling solutions used by senior managers in corporate finance and business development, treasury, strategy and risk management. Alcar's solution is used to analyze and model the financial impact of critical business decisions, such as mergers, acquisitions, divestitures, treasury activities, capital allocation and debt restructuring.

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