| Home : June 17 2014 Computer News : Report: Oracle in talks to buy hospitality tech vendor Micros for more than $5 billion |
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Report: Oracle in talks to buy hospitality tech vendor Micros for more than $5 billion |
June 17, 2014
Oracle is reportedly close to buying hospitality and retail technology vendor Micros Systems for more than US$5 billion in a deal that would be its biggest since the purchase of Sun Microsystems several years ago.Micros and Oracle are conducting exclusive negotiations but may not end up inking a deal, Bloomberg reported Tuesday, citing unnamed people familiar with the matter.An Oracle spokeswoman declined comment. Micros didn’t immediately respond to a request for comment.The report comes a couple of days before Oracle announces its fourth-quarter and year-end results.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2364720/report-oracle-in-talks-to-buy-hospitality-tech-vendor-micros-for-more-than-5-billion.html#tk.rss_all
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