Feeds

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

Deal has 'compelling advantages' says Oracle prez

Designing a Defense for Mobile Applications

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. ®

Boost IT visibility and business value

More from The Register

next story
Whoah! How many Google Play apps want to read your texts?
Google's app permissions far too lax – security firm survey
Chrome browser has been DRAINING PC batteries for YEARS
Google is only now fixing ancient, energy-sapping bug
Do YOU work at Microsoft? Um. Are you SURE about that?
Nokia and marketing types first to get the bullet, says report
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
OpenWRT gets native IPv6 slurping in major refresh
Also faster init and a new packages system
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
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.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.