Slashdot Mirror

← Back to Stories (view on slashdot.org)

Oracle Buying Micros Systems For $5.3 Billion

Posted by samzenpus on 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."

2 of 71 comments (clear)

  1. Gold Finger by Anonymous Coward · · Score: 5, Funny

    Oracle is like the gold finger, everything they touch turns to gold and dies

  2. Pretty obvious what happened here. by squiggleslash · · Score: 4, Funny

    Let me guess. Larry Ellison got an SMS a few days ago saying

    Good news Dear Leader, I have discovered that for only $5.3B we can buy Micros

    and he thought the message was truncated?

    --
    You are not alone. This is not normal. None of this is normal.