Feeds

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

Deal has 'compelling advantages' says Oracle prez

The essential guide to IT transformation

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
China: You, Microsoft. Office-Windows 'compatibility'. You have 20 days to explain
Told to cough up more details as antitrust probe goes deeper
Windows 7 settles as Windows XP use finally starts to slip … a bit
And at the back of the field, Windows 8.1 is sprinting away from Windows 8
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
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?