| Thread Tools |
19th June 2014, 07:08 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,462
| Oracle about to buy Micros Systems Database maker Oracle is in talks to buy Micros Systems, the outfit which makes software and point-of-sale hardware for retailers and hotel chains. The deal is expected to be worth around $5 billion and is still being negotiated. Micros Systems makes point-of-sale hardware and software for restaurants and hotels. Neither side is confirming the deal is taking place. Word on the strasse is that Oracle rivals will be rushing to stick their oar in and offer higher bids to drive up the price. They may not want to buy Micros Systems but they do like seeing Larry Ellison get very cross having to pay more for something than he expected. Other possible buyers would be SAP and Big Blue which have their own enterprise class e-commerce platform. Ellison will want the company to help it stave off threat from software-as-a-service e-commerce vendors such as Demandware and NetSuite. Oracle has been rolling out its own cloud-based products and acquiring smaller cloud companies such as marketing software maker Responsys. Ellison has reorganised his sales team to catch up with rivals such as Salesforce.com, SAP and Workday. http://news.techeye.net/business/ora...micros-systems |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
CC3000 WiFi driver for .NET Micros | Stefan Mileschin | WebNews | 0 | 28th August 2013 07:16 |
Oracle snubs Sun's virtualisation | Stefan Mileschin | WebNews | 0 | 17th July 2013 20:06 |
Oracle Buys Eloqua | Stefan Mileschin | WebNews | 0 | 22nd December 2012 06:15 |
Oracle patches Java vulnerability | Stefan Mileschin | WebNews | 0 | 3rd September 2012 07:41 |
Google to pay Oracle $0 | Stefan Mileschin | WebNews | 0 | 22nd June 2012 07:24 |
Oracle to Issue 14 Patches for Java SE | Stefan Mileschin | WebNews | 0 | 11th June 2012 07:47 |
Oracle Could End Up With Nothing In Suit Against Google | Stefan Mileschin | WebNews | 0 | 17th May 2012 06:52 |
McNealy backs Oracle against Google | Stefan Mileschin | WebNews | 0 | 30th April 2012 07:35 |
Oracle tried to buy open-source MySQL | Sidney | WebNews | 0 | 16th February 2006 04:44 |
AMD Announces IBM and Oracle Support | Sidney | WebNews | 0 | 25th May 2004 06:24 |
Thread Tools | |
| |