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Oracle acquires Micros Systems for $5.3 billion
short by Prabhat Joshi / on Tuesday, 24 June, 2014
Business software giant Oracle said it was buying rival Micros Systems for $5.3 billion in a deal to expand its big data efforts in the hotel and restaurant sectors. The acquisition is the biggest for Oracle since buying Sun Microsystems in a deal announced in 2009. Micros has some 567,000 customers, including hotels, casinos, restaurants and retail in 180 countries.
read more at Times of India