Forgot your password?
typodupeerror
Oracle Businesses The Almighty Buck

Oracle Buying Micros Systems For $5.3 Billion 71

Posted by samzenpus
from the the-circle-of-business dept.
An anonymous reader writes Oracle is buying hospitality and retail technology vendor Micros Systems for $5.3 billion, in a deal that will be its largest since the purchase of Sun Microsystems in 2010. "Oracle said the acquisition will extend its offerings by combining Micros' industry-specific applications with its business applications, technologies and cloud portfolio. Oracle expects the deal to immediately add to its adjusted earnings. Its stock climbed 18 cents to $41 before the market opened. Micros' board unanimously approved the transaction, which is expected to close in the second half of the year."
This discussion has been archived. No new comments can be posted.

Oracle Buying Micros Systems For $5.3 Billion

Comments Filter:

The sooner all the animals are extinct, the sooner we'll find their money. - Ed Bluestone

Working...