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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2009
The total purchase price for BEA was $8.6 billion which consisted of $8.3 billion in cash paid to acquire the
outstanding common stock of BEA, $225 million for the fair value of BEA options assumed and restricted
stock awards exchanged and $10 million for acquisition related transaction costs. In allocating the purchase
price based on estimated fair values, we recorded approximately $4.5 billion of goodwill, $3.3 billion of
identifiable intangible assets, $703 million of net tangible assets and $17 million of in-process research and
development.
Other Fiscal 2008 Acquisitions
During fiscal 2008, we acquired several other companies and purchased certain technology and development
assets. Our fiscal 2008 acquisitions, other than BEA, were not significant individually or in the aggregate. We
have included the effects of these transactions in our results of operations prospectively from the respective
dates of the acquisitions.
Fiscal 2007 Acquisitions
Hyperion Solutions Corporation
On April 13, 2007, we acquired majority ownership of Hyperion Solutions Corporation by means of a cash
tender offer and, subsequently, completed a merger of Hyperion with one of our wholly owned subsidiaries
such that Hyperion became a wholly owned subsidiary of Oracle on April 19, 2007. We acquired Hyperion to
expand our offerings of enterprise performance management and business intelligence software solutions.
The total purchase price for Hyperion was $3.2 billion which consisted of approximately $3.1 billion in cash
paid to acquire the outstanding common stock of Hyperion, $51 million for the fair value of Hyperion options
assumed and restricted stock awards exchanged and $21 million for acquisition related transaction costs. In
allocating the purchase price based on estimated fair values, we recorded approximately $1.6 billion of
goodwill, $1.5 billion of identifiable intangible assets, $118 million of net tangible assets and $56 million of
in-process research and development.
Oracle Financial Services Software Limited (OFSS)
During fiscal 2007, we acquired interests in and increased our ownership of OFSS, formerly i-flex solutions
limited, by means of share purchase agreements, an open offer to acquire shares and open market purchases.
We acquired a majority ownership in OFSS to expand our offerings of software solutions and services to the
financial services industry.
Our cumulative investment in OFSS as of May 31, 2009 was approximately $2.1 billion, which consisted of
approximately $2.0 billion of cash paid for common stock and $17 million in transaction costs and other
expenses. Our cumulative investment in OFSS has been allocated to OFSS’s net tangible and identifiable
intangible assets based on their estimated fair values as of the respective dates of acquisition of the interests.
The minority interest in the net assets of OFSS has been recorded at historical book values. In allocating the
purchase price, we recorded approximately $1.6 billion of goodwill, $266 million of identifiable intangible
assets, $211 million of net tangible assets and $46 million of in-process research and development.
Other Fiscal 2007 Acquisitions
During fiscal 2007, in addition to our acquisitions of Hyperion and OFSS, we also acquired several
companies and purchased certain technology and development assets to expand our product offerings. We
have included the financial results of these companies in our fiscal 2007 consolidated results from their
respective acquisition dates. In the aggregate, the total purchase price for these acquisitions was
approximately $1.3 billion, which consisted of approximately $1.2 billion in cash, $46 million for the fair
value of stock awards assumed, and $9 million for acquisition related transaction costs. In allocating the total
purchase price for these acquisitions based on their fair
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Source: ORACLE CORP, 10-K, June 29, 2009 Powered by Morningstar® Document Research℠