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News: Tech Events - Global

Oracle Buys MICROS Systems

Wednesday, June 25, 2014   (0 Comments)
Posted by: Tony Valerio
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Oracle Press Release

REDWOOD SHORES, Calif. - June 23, 2014

Oracle today announced that it has entered into a definitive agreement to acquire MICROS Systems, Inc. (NASDAQ: MCRS), a provider of integrated software and hardware solutions to the Hospitality and Retail industries, for $68.00 per share in cash. The transaction is valued at approximately $5.3 billion, or $4.6 billion net of MICROS’ cash.

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