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.” Read more of this story at Slashdot.
Oracle Buying Micros Systems For $5.3 Billion