Oracle Buying Micros Systems For $5.3 Billion
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."
Oracle is like the gold finger, everything they touch turns to gold and dies
I'm sure this also gets Oracle access to all of that tasty data, which they can monetize, sell, or otherwise mis-handle.
I also predict a lot of smaller businesses getting completely gouged by their new overlords on their licensing costs. What do you mean I need to buy a Solaris server with a 10 year service plan to get to my existing data?
Lost at C:>. Found at C.
Let me guess. Larry Ellison got an SMS a few days ago saying
and he thought the message was truncated?
You are not alone. This is not normal. None of this is normal.
Seems we'll be tipping Larry Ellison every time we check in to a Hilton now.
I think you have this just a little bit backwards.
Faster! Faster! Faster would be better!
You jest but it's happening.... Subway recently dumped them as a POS supplier and will not support any new Micros installs and are hesitant to support older ones. They moved on to HP and Par. We went with Par for what should be obvious reasons for our locations.
Personally, I think Windows-based POS systems are a catastrophe waiting to happen. Doesn't matter who the supplier is, the OS vendor remains the same in most cases.
If Subway ported their POS software to run on top on Linux or BSD I'd be a much happier man and sleep more soundly at night. The Par POS hardware is awesome, various retail chains' choice of OS and lack of sensible security practices is still as much a problem as it was with Micros.
Perhaps they want to kill off SAP's Sybase division once and for all.
I believe that Micros was one of the last big support contracts that Sybase still had. Now that Oracle owns them, you can be pretty guarantee that new version of Micros ReS will have an Oracle backend.
But, hey, Sybase is a Dead Division Walking already. When was the last time you heard about them getting a NEW Fortune 500 contract?
This article may help you understand why Oracle continues to grow (they just surpassed IBM in revenues from enterprise software sales).
To summarise it quickly for you:
Many of the top 10 enterprise software companies are not sexy brands, and most do not even have any consumer products or services. Names that dominate this list include Oracle, IBM, SAP, EMC, CA Technologies and Salesforce.com.
At least Oracle is cheap.
oh, right.
Bastards. I am sitting here rebalancing my vmware cluster to pull more cores out of Oracle so we can license less. Will it run slower? Yeah. But will we save six or seven figures a year? Yep.
My mom says I'm cool.