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-   -   Oracle about to buy Micros Systems (https://www.madshrimps.be/vbulletin/f22/oracle-about-buy-micros-systems-123036/)

Stefan Mileschin 19th June 2014 07:08

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


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