Oracle Poised To Seal $5 Billion Deal For Micros Systems

Oracle Corp. is poised to seal a deal to buy Micros Systems Inc for about $5 billion, according t...  More »

Oracle Corp. is poised to seal a deal to buy Micros Systems Inc for about $5 billion, according to a person familiar with the matter. The deal would be the biggest for Oracle, a serial acquirer, since its $7.4 billion acquisition of Sun Microsystems Inc. in 2010. Micros sells software used by retailers and hospitality providers. The takeover, which would value the Columbia, Md., company at more than $67 a share, is expected to be announced Monday morning, if it doesn't fall apart at the last minute or get delayed, the person said.

  « Less