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Founded Year

1993

Stage

Acq - P2P | Acquired

Total Raised

$5.46M

Valuation

$0000 

About Siebel Systems

Siebel CRM Systems, Inc., now owned by Oracle, is a software company which offers design, marketing, development, and support of customer relationship management applications.

Headquarters Location

2207 Bridgepoint Parkway

San Mateo, California, 94404,

United States

650-477-5000

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Siebel Systems Patents

Siebel Systems has filed 185 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/15/2013

10/30/2018

Diagrams, Email, Espionage, Chemical processes, Military intelligence

Grant

Application Date

4/15/2013

Grant Date

10/30/2018

Title

Related Topics

Diagrams, Email, Espionage, Chemical processes, Military intelligence

Status

Grant

Latest Siebel Systems News

Oracle Acquires Hyperion Solutions - The New York Times

Feb 2, 2024

Oracle Acquires Hyperion Solutions March 2, 2007 Oracle announced a deal today to acquire Hyperion Solutions, which makes software that allows corporations to analyze and track their performance, for about $3.3 billion. The deal is the latest trophy in a long string of acquisitions by Oracle, the database software giant that has been struggling to grow from within. In December, Oracle posted strong earnings growth for its second fiscal quarter, but its growth in license sales disappointed investors. The company said at the time that it had failed to close some crucial licensing deals during the quarter. License sales rose 28 percent in the quarter, but that was down from 80 percent growth in the previous quarter. Under terms of the deal, Oracle will pay $52 a share in cash for each share of Hyperion, a 21 percent premium over Wednesday’s closing price of $42.84. The deal is expected to close in April. “The acquisition of Hyperion makes Oracle the category leader in the high-growth enterprise performance management market,” Oracle’s chief executive, Lawrence J. Ellison, said in a statement. Oracle has long been known as one of the most aggressive acquirers of technology companies. Led by Mr. Ellison, who sees acquisitions as a tool for growth, the company has at times seemed on the verge of gobbling nearly every rival in the business software market. In the last three years, Oracle spent more than $20 billion on acquisitions, including buying two of its most formidable competitors, PeopleSoft and Siebel. PeopleSoft, the company Oracle fought over for nearly two years, was its most notable deal. In December 2004, after a battle for control that grew nasty, Oracle finally acquired PeopleSoft for about $10.3 billion, becoming the second-largest maker of business-management software. The day after completing the deal, Oracle fired four top officers of PeopleSoft. Since that deal, Oracle’s appetite has been unsatiated. In 2005, the company bought a stake in I-flex Solutions, a maker of financial software based in Mumbai, India, for a reported $909 million. Within the last year, Oracle has struck a series of deals, including a $5.9 billion acquisition of Siebel Systems and a $440 million purchase of Stellent last year. Hyperion is one of the last pieces to complete Oracle’s strategy. Founded in 1981 as IMRS, Hyperion has grown into one of the biggest makers of business analysis software through its Hyperion System 9 suite. For the 2006 fiscal year, the company reported $765 million in revenue. Hyperion itself has grown through a series of deals, notably a 1998 merger with Arbor Software that brought the popular Essbase database software program into its fold. Last year, The Mercury News in San Jose, Calif., ranked Hyperion’s executive chairman, Jeffrey R. Rodek, as No. 49 among the highest-paid executives in Silicon Valley. Mr. Rodek, who became chairman and chief executive in 1999 and executive chairman in 2004, received $11.01 million in compensation in 2005, including salary and stock options. Share full articleShare free access Advertisement

Siebel Systems Frequently Asked Questions (FAQ)

  • When was Siebel Systems founded?

    Siebel Systems was founded in 1993.

  • Where is Siebel Systems's headquarters?

    Siebel Systems's headquarters is located at 2207 Bridgepoint Parkway, San Mateo.

  • What is Siebel Systems's latest funding round?

    Siebel Systems's latest funding round is Acq - P2P.

  • How much did Siebel Systems raise?

    Siebel Systems raised a total of $5.46M.

  • Who are the investors of Siebel Systems?

    Investors of Siebel Systems include Oracle.

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