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>> MICROS SYSTEMS Latest News

JUN 24, 2014 - TheStreet

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Micros Buy Can Revive Oracle's Growth, and It's Just a Beginning

NEW YORK (TheStreet) -- Oracle  announced the acquisition of the hospitality and restaurant technology provider Micros Systems  for $5.3 billion. It's the biggest deal ever in the point of sale systems market, as Oracle, the world's second largest maker of business software, looks towards external sources to revive its sluggish growth. This is the latest in the string of takeovers in the hospitality and restaurant sector. The deal follows Priceline's  $2.6 billion acquisition of restaurant reservation service provider OpenTable  and Google's ... Read More

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