Feeds

Oracle makes Sun-sized $5bn grab for Micros Systems

Deal has 'compelling advantages' says Oracle prez

Secure remote control for conventional and virtual desktops

Oracle is buying systems maker and consulting shop Micros Systems for $5.3bn to counteract the slowdown in its hardware and software business.

The giant Monday confirmed reports it is buying Micros, which builds and delivers integrated systems including point of sale systems for the retail and hospitality sectors.

Oracle reckoned the deal extends its offerings in these areas by combining the Micros products with Oracle’s business applications, technologies and cloud portfolio.

Oracle president Mark Hurd said in a statement: “We anticipate delivering compelling advantages to companies within the hospitality and retail industries with the acquisition of Micros.”

Never heard of Micros? How about Sun Microsystems or PeopleSoft? The Micros deal is valued at $5.3bn, or $4.6bn net of Micros' cash.

The amount Oracle is paying puts it in the same ballpark as these two earlier Oracle deals.

Oracle spent $7.4bn on the once mighty Sun and found $10bn in loose change for PeopleSoft.

Both were flagship deals for Oracle, the former a knock-down price for a struggling systems giant that gave Oracle ownership of Java and of some not inconsiderable hardware assets.

The latter gave Oracle chief executive Larry Ellison ownership of massive CRM franchise and customer base.

Established in 1977, Micros customers include TGI Friday’s, Pizza Hut and OMNI Hotels. Micros claims its systems are running on 330,000 sites in 180 countries.

The company wrangles code in workflows, web, front and back office to deliver apps, internet IPTV, call centers and kiosks.

Oracle's purchase follows last week’s disappointing results that confirmed both new sales of its software and hardware are struggling. Year on year fourth-quarter new software licenses saw zero growth while new hardware was up just two per cent. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Microsoft on the Threshold of a new name for Windows next week
Rebranded OS reportedly set to be flung open by Redmond
Business is back, baby! Hasta la VISTA, Win 8... Oh, yeah, Windows 9
Forget touchscreen millennials, Microsoft goes for mouse crowd
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Apple: SO sorry for the iOS 8.0.1 UPDATE BUNGLE HORROR
Apple kills 'upgrade'. Hey, Microsoft. You sure you want to be like these guys?
ARM gives Internet of Things a piece of its mind – the Cortex-M7
32-bit core packs some DSP for VIP IoT CPU LOL
Lotus Notes inventor Ozzie invents app to talk to people on your phone
Imagine that. Startup floats with voice collab app for Win iPhone
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.