Oracle to buy Micros Systems for $5.3 billion — Bloomberg

http://www.bloomberg.com/news/2014-06-23/oracle-buys-micros-for-4-6-billion-to-add-hotel-software.html

As reported Jun 23 by Bloomberg

Micros sells POS systems for hotels, restaurants and retailers with over 330,000 installations in 180 countries.

This is Oracle’s largest acquisition since it acquired Sun Microsystems in 2010.   The Micros acquisition strengthens Oracle’s retail POS systems group and direct access to Micros clients including IHOP, Burger King, Hilton, Hyatt and Marriott.  Micros benefits from more resources for international expansion as well as R&D.

 

Share this article