Business software giant Oracle said Monday it was buying rival Micros Systems for $5.3 billion in a deal to expand its big data efforts in key retail sectors. The acquisition is the biggest for Oracle ...

New York: Business software giant Oracle said on Monday it was buying rival Micros Systems for $5.3 billion (Dh19.5 billion) in a deal to expand its big data efforts in key retail sectors.

Oracle Corp. (ORCL) recently closed the acquisition of MICROS Systems (MCRS). The company also announced that will set up a new Hospitality Global Business Unit, focusing on the hotel and food ...

Micros is going for $4.6 billion, net of its cash, while Sun cost Oracle $7.4 billion, or $5.6 billion net excluding its cash and debt. The Sun deal got a lot of buzz and scrutiny, given that it ...

Oracle is nearing the acquisition of Micros Systems, a point-of-sale hardware and software creator. The acquisition will be Oracle's biggest since purchasing Sun Microsystems in 2010.

Database giant Oracle is reported to be mulling over the acquisition of hospitality and retail tech vendor Micros Systems in a deal worth over $5 billion, according to a report in Bloomberg which ...

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 ...

Credit card industry giant Visa on Friday issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit to double-check the machines for malicious ...

Furthermore, Oracle doesn't appear to be getting MICROS Systems on the cheap: As of Friday's close, MICROS' shares were valued at 23 times estimated EPS for the fiscal year ending June 20, 2015 ...