Oracle Buying Micros Systems For $5.3 Billion 71
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."
Re:Gold Finger (Score:4, Insightful)
I just have to wonder, honestly, how they're still in business.
They have arguably the best RDBMS in the business, they have fat stacks of government contracts, and they obviously have an incredibly effective sales team. Seems like they actually have a lot going for them to me, even if they are horrible in every other way. Government customers don't give a shit about software freedom, or any other kind of freedom. Not this government, anyway.
Re:And, of course ... (Score:2, Insightful)
Let me guess, you have never heard of "PCI compliance" have you?