Oracle Buys Micros Systems for $5.3 Billion

Latest in a long string of acquisitions

Oracle is purchasing Micros Systems for $5.3 billion as part of a bigger push into retail and hospitality marketing. Oracle’s acquisition comes out to $68 a share, making it one of the company’s biggest buys of the past couple of years.

Micros Systems’ technology powers the point-of-sale systems for hospitality and retail brands. PizzaExpress India, Salsarita’s Fresh Cantina and Louvre Hotels Group have all inked deals to use the company’s services this year, which powers the software and hardware point-of-sale systems.

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