Feeds

Oracle's $5 BEEELLION acquisition zeppelin looms over Micros Systems

Report: Database giant in 'exclusive talks' with hotel and retail thingummy vendor

5 things you didn’t know about cloud backup

Database and software megafirm Oracle is mulling a multi-billion-dollar acquisition of hospitality and retail tech vendor Micros Systems.

The two companies are currently in "exclusive talks" about Oracle buying the company for over $5bn, Bloomberg reported on Tuesday.

Such an acquisition would help Oracle combat the slowdown in its main hardware and database divisions by giving the a significant inroad into a lucrative set of customers.

Micros Systems is a sort of one-stop tech consultancy and provider for the entertainment and services sectors.

"All our solutions, including integrated front office, back office, central and web-based solutions, are designed to optimize and streamline workflows, improve customer service, and increase the bottom line," the company explains on its website. "We invest heavily in the development of new interfaces to enable direct interaction and communication with the guest through several channels, such as apps, internet, IPTV, call centers and kiosks."

By acquiring the company, Oracle would be able to up-sell Micros Systems customers onto Oracle-designed databases and hardware to support their mammoth quantities of data, we reckon. It would also appear to give the company a ready-made set of technologies primed for internet-of-stuff applications, such as hospitality software that uses intelligent devices scattered throughout a resort to make recommendations to customers.

The acquisition would be Oracle's largest since its whopping $5.7bn buy of Sun Microsystems in 2009, according to Bloomberg. It would also follow other Oracle buys that targeted specific industries, such as its $871m acquisition of marketing tech specialist Eloqua in December 2012.

At the time of writing neither Oracle or Micros Systems had responded to Reg requests for further information. ®

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?