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Hyperion buys privately held Sapling

The data analysis software maker acquires Sapling, a firm that specializes in analytic applications.

Data analysis software maker Hyperion today announced the acquisition of privately held Sapling, a firm that specializes in analytic applications.

Sapling's products, NetProphet and NetScore, are already integrated with Hyperion's Essbase OLAP server and analytic software platform, the result of a 1998 partnership between the two firms.

In today's deal, Sapling NetProphet and Sapling NetScore will be added to Hyperion Enterprise Performance Management, a package of analytic applications used to track and improve business performance, the company said.

Hyperion of late has suffered through some rough times. The company earlier this month "removed" chief executive John Dillon as well as the firm's vice president of worldwide sales. Hyperion CFO Stephen Imbler is serving as president and chief executive on an interim basis.

Last month, the company reported third-quarter earnings of 8 cents a share, much lower than a 22-cent consensus estimate of analysts polled by First Call.