The all-cash takeover comes from Oracle’s $39b cash stockpile New York: Business software giant Oracle said on Monday it was buying rival Micros Systems for $5.3 billion (Dh19.5 billion) in a deal to ...

As hotels and restaurants employ mobile, social and informational tools to connect with guests, they require a new type of “engagement” device at the point of service (POS). To meet this need, Oracle ...

Oracle Corp. announced today that it will acquire retail and hospitality software provider MICROS for $5.3 billion. The deal is expected to close by the end of 2014. MICROS is valued at $68 a share, a ...